Chem-Dry Franchises - 32 Years in Louisville KY Area

Asking Price$170,000

Cash Flow
$181,209

EBITDA$125,869

Gross Revenue$181,209

Inventory$5,000
Included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

Save1/4

Chem-Dry Franchises - 32 Years in Louisville KY Area


Asking Price$170,000

Cash Flow
$181,209

EBITDA$125,869

Gross Revenue$181,209

Inventory$5,000
Included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

Business Description
REDUCED $30,000 TO ALLOW A BUYER TO BUY A NEW VAN!!!!

Be Your Own Boss!

Buy an existing 32-year owned franchise business with upside serving the Louisville and Oldham County markets that has consistently generated a great living to the owner-operator without much overhead.

Carpet cleaning is a significant industry, with an estimated 10 billion square feet of new carpet installed annually in homes and businesses in the United States. Chem-Dry stands out in this market by offering a superior cleaning method.

Since its establishment in 1977, Chem-Dry has utilized the patented Hot Carbonating Extraction method to effectively eliminate dirt, dust, oils, and allergens from carpets and hard surfaces. This approach ensures carpets dry faster, stay cleaner longer, and are healthier. The Carpet & Rug Institute has recognized and approved Chem-Dry's process for its effectiveness.

With an average annual revenue per owner of $297,695 and per franchise of $90,489, Chem-Dry boasts a remarkable customer retention rate of 96%. The company's training and support systems, refined over 40 years, make it an attractive business opportunity for savvy entrepreneurs. Chem-Dry of Louisville and Oldham County shows a consistent 10-year annual revenue of $180,000-$220,000 per year.

Chem-Dry offers various ways to make investment more accessible, such as a 10% licensing fee discount for veterans through the VetFran program and in-house, low-interest financing options. With a low down payment, financing is available through Chem-Dry and SBA lenders.

Founded in 1977, Chem-Dry is a globally renowned carpet and upholstery cleaning service with nearly 3,500 units across 50 countries. Its eco-friendly solutions and Hot Carbonating Extraction process ensure a thorough clean, faster drying times, and healthier environments. Entrepreneur magazine consistently ranks Chem-Dry as the top carpet cleaning franchise for over three decades.

With over 45 years of experience, Chem-Dry has earned the trust of customers worldwide, cleaning over 10,000 households daily. Their innovative Hot Carbonating Extraction method delivers a deep, long-lasting clean using the natural power of carbonation. Additionally, Chem-Dry's upholstery cleaning service employs the same effective low-water method, ensuring a powerful yet gentle clean without harming furniture.
About the Business
Years in Operation
32
Employees
1
Currently Home Based
Yes
Franchise
This business is an established franchise
Facilities & Assets
There 2 Chem-Dry Market franchises that transfer with this sale valued at $47,000, there is one van with carpet cleaner equipment. The Franchise has 1,000's of Google reviews and a database of repeat clients.
Website
https://www.chemdry.com/locations/louisvilleky
Market Outlook / Competition
With over 350,000 households in this market area between to two franchises Jefferson County (325,000) and Oldham County (25,000), this is the only franchisee currently in this market area for Chem-Dry.
Opportunities for Growth
The growth and expansion of the Chem-Dry franchises are exponential in that the seller focused on a smaller area within the marketplace and did not pursue commercial business. Also, a buyer could expand into upholstery and duct cleaning, which the seller did not pursue.
About the Sale
Seller Motivation
Seller is retiring.
Transition Support
Seller is willing to offer support and training for a smooth transition.
Financing Options
SBA financing is available.
Listing Info
ID
2337822
Listing Views
1525
Business Location

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Gant Hill

Listing ID: 2337822 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 of Use. Learn how to avoid scams.


Similar Listings
Benjamin Franklin Plumbing
$150,000Benjamin Franklin PlumbingFeatured Franchise