Business Summary:
Four independently owned and operated, geographically neighbored, Chem-Dry franchises to be sold as a package. Become part of the world’s largest and highly rated residential and commercial carpet, upholstery, wood, and tile cleaning company. Established in 1998, this franchise company provides a range of specialized cleaning services including carpet, upholstery, rug, wood, and tile/stone cleaning, as well as marble polishing and stain and odor removal. The company serves residential and commercial customers in the Triangle area of North Carolina, a region that continues to experience rapid growth. With a strong market presence, this business has developed a loyal customer base and utilizes a patented cleaning system to maintain a competitive edge. The company demonstrates solid revenues and a history of profitability. Its services are in demand with a typical customer profile of an educated female, around 40 years old, with a family income of approximately $100,000 per year. This turnkey operation includes a full complement of equipment and four service vehicles. Growth opportunities exist for a new owner to expand through increased advertising and marketing efforts. As this business is home-based, the buyer will need to relocate the equipment, inventory of parts and chemicals, as well as the vehicles to their location. Therefore, there isn’t a rent expense considered as the business location will be determined by the buyer’s choice (home-based or stand-alone location).
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