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Carpet Cleaning Service Business Valuation Formula:

Carpet Cleaning: Here is a general business valuation formula or method for small established carpet cleaning businesses or services businesses based on a percentage of annual gross revenues that can be used to help formulate an approximate value and asking price to market an existing carpet cleaning business.

Formula: Approximately 50% of annual gross sales.

Broker Comments: Its been my experience that established carpet cleaning businesses with multiple commercial accounts are highly sought after. Sellers should should try to minimize their customer concentration, or having just a few big accounts, which could spook potential buyers. Age and condition of equipment can also be a factor. 
Are you thinking about selling an established Carpet Cleaning business? Go here to request a free and no obligation preliminary consultation from a professional appraiser.
Note: Always contact and consult with a Business Broker, Business Appraiser, or financial adviser who is familiar with the dynamics of your local market and economy.