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Asking Price$400,000
Revenue$396,631 Established1979
Cash Flow$129,000 Employees3 full, 1 part
FF&E$100,000* FranchiseNo
Inventory$3,500* RelocatableNo
Real Estate$475,000 Home-basedNo
* Included in Asking Price
This 42 year old company has been repairing and cleaning rugs on the eastern seaboard for years. The family has simply decided to retire. Its reputation is solid. They take rugs from all over the country to repair and even sometimes hand clean. Their equipment is second to none, they can handle any rug any size. From a prayer rug to as big as a 20' by 25'.

On repairs, they do even handweaving, even downsizing a rug to fit the room. They can repair moth eaten holes, carpet beetles etc. The sellers are willing to train and assist a new owner for a period of time in the transaction. The employees have been there for a long time and will remain with the company.

There are very good margins on this company. With new blood, the owners feel that the company could grow at least two fold.

The business and the real-estate is available. The owner is asking $400,000 for the business. the land and building is listed for 475,000.00. It is listed with a real estate broker.

Required Licenses: Business
Training/Support:Seller will negotiate a transition period
Seller Financing:SBA Pre-Approved for a qualified buyer
Sale Reason:Retirement
Ad #131813
Seller Reference #CHARLNC001-N813
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Contact This Seller
Bill Steffens
(704) 897-8232
Email Address