Own the Majority of the Carpet Cleaning Market Share in Muscatine
Muscatine, IA
| Asking Price: | $550,000 |
| Established Year: | 1977 |
Listing ID: 2129487Listing provided by BizBuySell
BUSINESS DESCRIPTION
Business Established in 1977
Here is your chance to own this well establish business that has been in operation since 1977. Its services include carpet cleaning, furnace & ductwork cleaning, fire and water restoration, furniture cleaning, and sewer backup cleaning. This business captures 95% of the market share in Muscatine and the surrounding area. This business comes with a 4700 customer base, all equipment and 3 vehicles. Over 30 customers are returning large businesses. Contact your agent for more information.
DETAILED INFORMATION
Location
Muscatine, IA
Inventory
Not Included in asking price
Employees
2
Facilities
3 vehicles
Approximately $299,000 worth of inventory
4700 Client Base
Building sold separately
Competition
Phelps Cleaning services has 90%of the market share of the carpet cleaning, ductwork and furnace cleaning and water and fire restoration. They also provide services for over 30 businesses in Muscatine and the surround area. Some of these being large factories.
Growth & Expansion
The current owners are choosing to work less. They have turned down large facility jobs because of wanting to slow their pace. They currently work less that 35 hours a week. The owners would give the list of large jobs they have turned down to a new owner at closing. There is definitely room for expansion. The current businesses they have turned down have to hire outside of Muscatine. If a confidentiality agreement is signed the financials can be given.
Support & Training
Owners will stay on to train for a negotiated amount of time.
Reason for Selling
Wanting to Retire
BUSINESS LOCATION
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