* Included in Asking Price
Unique and rare opportunity to purchase an established franchisee operating profitably in
Massachusetts and Rhode Island for 36 years. The husband and wife team who own this
great business started with one license and have expanded their ownership to 12
franchisor licenses, which gives the business a few exclusive areas in MA and RI. The
cost of acquiring 12 licenses alone from the franchisor could be around $221,500, hence
making the purchase price of $311,166 very attractive when considering that for this
price a buyer will get the 12 licenses, operating equipment, 6 vehicles, turnkey
operations, thousands of customers, well-developed referral business, repeat business
from existing customers, tremendous goodwill, excellent reputation established over 36
years, long-term stable employees, strong web presence, and an annual cashflow of
The franchisor is the nation's largest carpet cleaning franchise with nearly 3,500
franchisees using the company's patented products around the globe for over 40 years. It
has 7% market share and is the leader in the Carpet Cleaning industry. It's unique and
patented process gives it an edge in the industry, and also the seal of approval from the
Carpet and Rug Institute.
The company has 2 customized websites - one each for Massachusetts and Rhode Island;
2 customized Facebook pages with around 100 reviews. They also boast of 170 Google
reviews with 4.9 rating in Massachusetts, and an additional 24 reviews with 4.7 rating in
Rhode Island. They are recognized as Top Rated Professional by HomeAdvisor and Top
Pro by Thumbtack. In addition, the company won Angie's List Super Service Awards in
2011, 2012, and 2018. They've also won numerous awards given by the franchisor,
including Franchisee of the Year in 2017.
Sellers are ready to retire and they have no successor. The sales price includes seller
paying the franchise transfer fees. Seller financing will be considered for qualified
buyers, and we are in the process of pre-qualifying this business for a SBA loan.
|Sale Reason:||Owners Retiring after running the business for 36 years.|
Seller Reference #BOSTOMA002-N9
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