Very profitable, top rated carpet cleaning company – Honolulu, HI
Price Reduced
EXECUTIVE SUMMARY
Be in business for yourself! Company provides excellent service and value for carpet and upholstery steam cleaning services to residential and businesses, to include homeowners and renters, vacation rentals, and commercial customers on Oahu, Hawaii.
INVESTMENT HIGHLIGHTS
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Good sales growth and consistent profitability.2021 sales exceeded the pre-Covid 2019 sales by 3.3% and YTD February 28, 2022 sales were up 4.6% over the same two months in 2021, showing the continuing full recovery from Covid.
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2021 family profits of $85,247.
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Attractively priced at $149,000.
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Two fully equipped vehicles, supplies and cell phone business number.
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Top rated – five stars on Yelp.
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business service supporting the maintenance safety, sanitation, and essential operation of residences and businesses and operations.
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Contract work for a large upholstery warranty company.
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Benefit from
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Customer scheduling and support can be done while mobile or on site.
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Good growth potential.
COMPANY
Listing ID: Honolulu Carpet
Location: Honolulu, Hawaii
Type of Entity: LLC
Year Established: 2016
Industry or Business Category: Carpet and Upholstery Cleaning
Established: 2000
FINANCIAL SUMMARY
2021 Source: QuickBooks
Revenue: $164,614
SDE (Owner’s Profits): $78,247 (after a $7,000 adjustment for the wife’s compensation; before adjustment: $85,247)
GREAT RECOVERY FROM COVID
OFFERING SUMMARY
Asking Price: $99,000
Inventory (consumables) included in the Price: $500, cleaning materials
Tangible Assets (F,F&E): $70,000
Non-Compete: 5 years in Honolulu County.
Training: two (2) weeks; 30 hrs./wk., on-the-job and administrative
Sale Reason: Retirement
BUSINESS IS: Home Based
EMPLOYEES: 2 excluding owner
EQUIPMENT: Offered on a fully turnkey basis, with over $70,000 of tangible assets (two branded and fully equipped vans and all cleaning equipment), included in asking price.
FACILITIES: Home Based
COMPETITION & Pros and Cons of Business
Small number of competitors in this market. Company differentiates itself by its excellent customer service and use of professional, high-quality low residual hot water vacuum rotary head extraction process.
EXPANSION OPPORTUNITIES
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Offer new services, e.g., fabric protection, flea & tick treatments, and
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Add additional cleaning technician as work level is now at capacity.
TRADING DAYS/HOURS
Monday to Friday: 8:00 AM - 5:00 PM
Saturday: 9:00 AM - 5:00 PM
Sundays and Holidays: Closed
LICENSING REQUIREMENTS (if any)
No occupational licensing required.
Offered due to the owner’s retirement. For a copy of our detailed Confidential Business Profile, which shows tax return based financial data and relevant business details, please contact HBS.
