Successful Carpet Cleaning Flood & Fire Restoration Business For Sale

Business description

A fantastic and absolutely unique opportunity has arisen to acquire an established ChemDry franchise with on-going income from day one at a cost that represents great value.

Established by the current franchisee nearly 7 years ago this business operates in the east herts and north london area servicing a wide range of domestic and commercial clients. This franchise has been run on a full-time basis over the past 7 years with the owner carrying out all aspects of the business himself. Much of the carpet and upholstery work comes from repeat customers and the owner has built an enviable reputation for service with local tradesmen, estate and letting agents resulting in a high percentage of new work coming from referrals.

The business is currently being run from home and offers Carpet, Upholstery & tile & grout cleaning as well as insurance claim work. It is accredited to BS EN ISO 9001.

Further training, available from the Master Franchisor, will allow the addition of Hard floor cleaning & repair, Leather repair, Carpet re-dying, repair & re-fitting.

After obtaining the correct certification in Fire & Flood Restoration & Accidental Repair a dedicated sub-division of the Master Franchisor sources and supplies work direct from the Insurance Industry.

Franchise terms

The business offered for sale is a franchise of ChemDry. As part of the sales process ChemDry will be required to approve the potential purchaser who will also be required to attend a residential training course. There are approx. 8 years remaining on the current 2 licenses held which is renewable with ChemDry on expiry.

Property information

Location:

Operating from home the company owns all of its equipment outright with the exception of a transit style van which is leased through an official ChemDry supplier. The equipment list includes a number of de-humidifiers,fans and damp measuring equipment as well as carpet and upholstery cleaning machines with various attachments.during the time this business has been operating , it has built a reputation of high standards of service and quick response times within the local community.

The franchise area starts at royston on the herts/cambs border,right down to the M25 and on through enfield,barnet,down to islington and ends in the borough of camden with their respective peripheral villages and towns predomanantly following the A10 road.With stevenage,hitchin and letchworth to the west and bishops storford and sawbridgeworth to the east of the hertfordshire county.

This equates to offering services to over a million domestic customers. Many diverse businesses are located in the area with an abundance of retirement complexes, nursing and residential homes as potential clients. Once the buyer is established into this area,this sale represents a great opportunity to grow an established business.

Other information

Expansion potential:

The current economic climate means that many are looking to make do rather than replace their current carpets and upholstery. Many are renting properties on a short term basis waiting to see what the housing market will do and businesses are downsizing to smaller premises. This equates to an increase in calls for professional cleaning.

Whilst the current owner has grown the business through high levels of customer service and includes a number of businesses amongst his regular client base formal contracts have yet to be introduced.

It is understood that active marketing is through Yellow Pages,referral schemes,database utilisation and local monthly magazine and newspaper advertising. Many marketing tools are available through the Master Franchisor in partnership with a leading marketing business. Internet awareness is raised through the Master Franchisor's web site with work being distributed to the local franchisees in rotation,and At present the business does have its own website with a new ground breaking online pricing and booking system.

This business is very well established and benefits from high levels of awareness amongst its customer base. High levels of prompt, personal service from its experienced, knowledgeable owner result in very few customer requirements not being met ensuring high levels of customer satisfaction, repeat business and word of mouth recommendation. Well managed by its current owner the business is profitable and benefits from very positive cash flow

Competition / Market:

Whilst ChemDry do not offer any one company an exclusive area it is understood that there are 4 other franchises in the same herts area and 6 other chemdry franchises in the north london area. These other companies mostly concentrate on insurance based work and rarely competes with other franchisees.As the operating licenses have now all sold out,the buyer has a unique opportunity to grow a business without worry of further chemdry competiton.

Support & training:

The current owner will provide training and support to the purchaser during a handover period. As a condition of the ChemDry franchise agreement the purchaser will be required to attend a 4 day residential course at chemdry headquaters.chemdry has in place as well as an unrivelled training programme that includes an online inter active system a support network that includes a detailed marketing department to help the franchisee with all aspects of selling the service and business management.

Reasons for selling:

The seller feels that this business is more suited to more than one person to run the business as the workload can be too much for 1 person

Trading hours:

The business is currently being run on a call out basis for insurance work ,but there are no restrictions to trading hours. The user friendly equipment is ideal for " out of office hours work

Furniture / Fixtures value:

£5,000 (included in the asking price)

Inventory / Stock value:

£5,000 (included in the asking price)

Website:

www.chemdry.co.uk