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Commercial Floor Cleaning Machines

Trying to sell.

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White Magic View Drop Down
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Joined: 04/October/2004
Location: Canada
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Post Options Post Options   Thanks (0) Thanks(0)   Quote White Magic Quote  Post ReplyReply Direct Link To This Post Topic: Trying to sell.
    Posted: 05/October/2004 at 12:25am

Has anyone had any luck selling their carpet/upholstery

business? I have a large, profitable commercial base

and nearly 5000 res. customers.I would like to relocate

in Ottawa, and I'm hoping 12 years of business has some

goodwill value. Lots of tirekickers, but nothing solid

yet. Any tips?

 

Dave White. White Magic
              Steam Cleaners
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Superglide Ken View Drop Down
Grand Potentate
Grand Potentate

SGK

Joined: 17/March/2004
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Superglide Ken Quote  Post ReplyReply Direct Link To This Post Posted: 05/October/2004 at 12:30am
Yep. Residential customers do not build much goodwill. That is because they are mobile. If you want to increase the value of your biz in a major way, get lots of commercial contracts instead and sign them up to 1 year contracts. That is business that is transferable to the new buyer and they will pay lots for that.
Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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MR. STEAMER View Drop Down
True Patriot
True Patriot

Only in the GTA

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Post Options Post Options   Thanks (0) Thanks(0)   Quote MR. STEAMER Quote  Post ReplyReply Direct Link To This Post Posted: 06/October/2004 at 10:40pm
Offer Training... and your Telephone number(very important)  You want the transfer to go seamless so they don't loose any customers...  It's not what is on the books that counts buyers know that the income statements are padded... Take them out with you....SHOW THEM THE MONEY... commercial contracts are great!!!! but cash in hand is GREATER!!!!
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