Asking Price: $250,000 Gross Revenue: $609,336Cash Flow: $124,652 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
PRICE REDUCED - Seller Financing to a qualified buyer. Seller is Motivated! This business is a well established Carpet and Upholstery cleaning company in the Reno-Tahoe area. Well trained and dependable employees are in place. The business offers an array of services to meet its customers needs include carpet cleaning, pet odor/stain removal, ozone treatment, carpet repair/stretching, upholstery cleaning, Dupont Teflon Protection, tile cleaning, and tile sealing, Additionally, online they have 4-5 star rating as well as a strong social presence.
About the Business
Number of Employees:
Building Sq. Ft.:
$12,672,000.00 Per Month
Greater Reno-Sparks-Tahoe is the place where businesses come to increase their bottom line and grow. Businesses do this by taking advantage of Nevada’s business friendly environment, closer proximity to customers, and the regions skilled workforce. Companies like Tesla, Switch, Microsoft, Apple, Amazon, Zulily, Patagonia, Urban Outfitters, Thrive Market, Petco, and Panasonic call Northern Nevada home for some of their most crucial business functions.
Financial Advantage Nevada was ranked number 3 Most Business Friendly Tax Climate by the Tax Foundation for 2013. In Nevada there is no corporate income tax, personal income tax, franchise tax, unitary tax, inventory tax, inheritance tax, or estate tax. Additionally, the following are exempt from property tax: Inventories held for distribution purposes, personal property (stored, assembled, or processed for interstate transit), raw material and supplies utilized in the manufacturing process, and all real and personal property that qualifies and is used for the purpose and/or water pollution control.
Operating Advantage Its been said time and time again, location, location, location. Northern Nevada is central among the 11 western states. Plus, there is room for new and expanding companies – over 72 million square feet of industrial space to be more precise. In order to support all that operational advantage you will also need a diverse labor market, we have that too.
Quality of Life Work is important, but it is not everything. Living in the Greater Reno-Sparks-Tahoe area is affordable, vibrant, and diverse. Our emerging downtown districts, endless recreation opportunities, and burgeoning arts and cultural centers make a balanced life possible.
Growth & Expansion:
The Carpet & Upholstery Cleaning Services industry will encounter promising conditions to 2020, due to an expected upswing that will be caused by the recovering economy. Operators will consequently benefit from the anticipated recovery in residential and nonresidential construction and other industries that outsource cleaning activities. In particular, the education, health and medical industries, which outsource the majority of their cleaning requirements, will provide sustained growth for the industry.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.