Carpet Machine/Supplies Route - 33691 Business Type: cleaning services,home-based business,routes

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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $125,000 | Down Payment | $125,000 |
Gross Revenues | $69,710 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $50,000 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and
Business Description
Unique niche sales, service and Route business. Seller
rents heavy duty carpet cleaning machines to customers
of major retail hardware stores, supermarkets and other
high traffic retail locations. Through these, seller collects
rental revenue and sales revenue from the sale of
cleaning supplies, chemicals and products at margins
over 50%. The owner is including $10,000 of store displays and inventory with cleaning products and supplies with the sale.
The owners split of gross revenues with each store is 60% to seller and 40% to store.
Sellers only expenses are travel, some parts for machine repair and COGS for the cleaning supplies sold in each store.
Business has been in operation for excess
of 20 years with many long term locations. SELLER
WORK 6 DAYS A MONTH servicing his locations.
Five days on the road and 1 day servicing the
machines. Works from home garage. Seller is the
exclusive distributor for the machine manufacturer
for 2 states (including Metro NY) with operations in
a total of 4 states He visits each location once every
60 days and collects rental and sales revenue from
his retailers, restocks displays and cleans or services
the machines. Currently in 80 locations (owner used
to have over 100 locations). Seller is retired, 73 years
old and a younger, more active owner can expand
retail base to several hundred. Retailers pay nothing
and they receive part of every rental and sale to
their customers. New owner can set up dozens of
new routes and operate himself or sell the routes
in his base areas. Seller owns 180 of these machines,
each with a replacement value of $ 550 used plus
display racks and signage in every location. Owner
only needs large SUV or Van to operate this business.
Opportunity for new active owner to scale the
business back up to hundreds of locations. Health
and age of owner forces the sale of this semi
absentee business. Contact broker Joseph Stansky
for more information.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

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