Highly Successful Carpet Cleaning & Air Duct Franchise - Houston Area For Sale

Listing: # 8256
Price: $ 200,000
Location: NW Houston
Listing Profile
Classification: |
Service Business |
Purchase Price: | $200,000 |
Real Estate Price: | $0 |
Working Capital: | $0 |
Total Investment: | $200,000 |
Down Payment Required: | $200,000 |
Gross Revenue: | $2,676,845 |
Discretionary Earnings: | $73,333 |
Imputed Rent: | $0 |
Total Cash Flow: | $0 |
Description and Operations
Established Date: | 1998 |
Monthly Rent: | $8,199.66 |
Reason for Sale: | Retirement |
Employees(Full): | 27 |
Employees(P/T): | 5 |
Reason for Sale:
Retirement
Description:
Very successful, award-winning air duct and carpet cleaning franchise is available for acquisition. Perfect addon for HVAC company to increase customer base and offer additional cross selling services to all customers. Offering professional upholstery, tile and grout, air duct, and carpet cleaning, this individual franchise is the 2nd largest in the nation for this company and the 2nd largest cleaning operation in Houston based on consumer research. They employ only professional, trained and background checked technicians who use one of the most powerful and effective cleaning systems on the market today. This business has developed a solid reputation and a strong customer base over many years providing good quality at a good price. Customer base is primarily residential homeowners with some small commercial cleaning accounts. Air duct cleaning has grown to over 58% of sales. Seller implemented 1st price increase since 2015 in August 2021 another one in March, 2023. Business was doing $692K/year when owner took over in 2003 and grew to over $3 mil in sales pre-Covid. If not for recent hiring challenges they would have been over $3mil again in 2021. 10 carpet cleaning and 4 air duct trucks are included in sale. Seller paid $170K for franchise agreement in 2003 based on Houston’s number of Single-Family Dwelling Units. Today, with Houston’s growth, this would be worth $276K. Franchise transfer fee is $10,000 each for carpet & HVAC divisions. Seller has entire 5+ county Houston market with expansion opportunities.
Contact Marcia Bowron