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LISTING ID # 33691
Unique niche sales, service and Route business. Seller rents heavy duty carpet cleaning machines to customers of major retail hardware stores, supermarkets and other high traffic retail locations. Through these, seller collects rental revenue and sales revenue from the sale of cleaning supplies, chemicals and products at margins over 50%. Business has been in operation for excess of 20 years with many long term locations. SELLERWORK 6 DAYS A MONTH servicing his locations. Five days on the road and 1 day servicing the machines. Works from home garage. Seller is the exclusive distributor for the machine manufacturer for 2 states (including Metro NY) with operations in a total of 4 states He visits each location once every60 days and collects rental and sales revenue from his retailers, restocks displays and cleans or services the machines. Currently in 80 locations (owner used to have over 100 locations). Seller is retired, 73 years old and a younger, more active owner can expand retail base to several hundred. Retailers pay nothing and they receive part of every rental and sale to their customers. New owner can set up dozens of new routes and operate himself or sell the routes in his base areas. Seller owns 180 of these machines, each with a replacement value of $ 550 used plus display racks and signage in every location. Owner only needs large SUV or Van to operate this business. Opportunity for new active owner to scale the business back up to hundreds of locations. Health and age of owner forces the sale of this semi absentee business. Contact broker Joseph Stansky for more information.
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