773.243.1603
773.243.1603
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Listing ID:3N990

SOLD – Chicago Commercial & Residential Flooring Business

Sold

Commercial and residential carpet and furniture cleaning business, including washing/sealing of wood decks plus installation, sanding and finishing of hardwood floors.  Founded in 1975, this established company has an excellent reputation having serviced over 3,500 commercial and residential customers.  The company provides residential and commercial cleaning services for carpet and furniture, tile and grout, stone, granite, VCT, and marble; also cleaning and sealing for wood decks and hardwood floors; the company also installs hardwood floors.  The service area is the western suburbs for residential and commercial services and metro Chicago for commercial services.   In 2015, this service business generated revenues of $708,870 and $215,389 of cash flow.  The asking price is $507,441 and the seller is willing to provide $307,441 of seller financing to a qualified buyer.

Transcation Details

  • Location

    Chicago Western Suburbs, Illinois

  • Results

    29 Inquiries
    7 Showings
    1 Offer

  • ESTABLISHED IN

    1975

  • Real estate Included

    No

  • Full-Time Employees

    3

  • Franchise

    No

  • Industry

    Service

  • Reason for Selling

    Retirement

  • Inventory Included

    Yes

  • Part-Time Employees

    2

  • Business

    SOLD – Chicago Commercial & Residential Flooring Business

  • Acquirer

    Investor

  • Annual Revenue

    $708,870

  • Annual Cash Flow

    $215,389

  • Seller Financing

  • SBA Financing

  • Listing Price

    $507,441

  • Acquisition Highlights

    – Established company, excellent brand name, high income demographics
    – Specialty services of high demand
    – Over 4,000 computerized commercial & residential customer data with client history
    – A+ rating from Better Business Bureau