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Asking Price$125,000
Revenue$69,710 Established2000
Cash Flow$50,000 Employees1 part-time
FF&E$110,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33691

Unique niche sales, service and Route business. Seller rents heavy duty carpet cleaning machines to customersof major retail hardware stores, supermarkets and otherhigh traffic retail locations. Through these, seller collectsrental revenue and sales revenue from the sale of cleaning supplies, chemicals and products at marginsover 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. SELLERWORK 6 DAYS A MONTH servicing his locations.Five days on the road and 1 day servicing the machines. Works from home garage. Seller is theexclusive distributor for the machine manufacturerfor 2 states (including Metro NY) with operations ina total of 4 states He visits each location once every60 days and collects rental and sales revenue fromhis retailers, restocks displays and cleans or services the machines. Currently in 80 locations (owner usedto have over 100 locations). Seller is retired, 73 yearsold and a younger, more active owner can expand retail base to several hundred. Retailers pay nothingand they receive part of every rental and sale totheir customers. New owner can set up dozens of new routes and operate himself or sell the routesin 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. Owneronly needs large SUV or Van to operate this business.Opportunity for new active owner to scale thebusiness back up to hundreds of locations. Healthand age of owner forces the sale of this semi absentee business. Contact broker Joseph Stansky for more information.

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Training/Support:Seller will train
Sale Reason:Retirement
Ad #122581
Seller Reference #33691
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