Listed 4 months ago Home Services

Carpet Cleaning & Water for Sale in Detroit, MI

Asking price
$659,000
Cash flow (SDE/EBITDA)
$508,303
Multiple
1.3x
Checked 10dRecurring RevenueSticky CustomersGrowth Trajectory

Why this business stands out

This fabric cleaning and structural drying business in the Detroit metro area provides both routine surface cleaning and urgent water damage mitigation, generating over $500,000 in discretionary earnings on a home-based operating structure with lean overhead. The dual-service model ensures that the business captures both predictable maintenance revenue and higher-value emergency restoration work, creating a diversified and resilient income profile. The scalable setup is designed to grow through the addition of vehicles and crews as the new owner expands the client base.

Financing snapshot

An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.

Asking price
$659,000
Cash flow (SDE/EBITDA)
$508,303
Est. down payment (10%)
$65,900
Est. SBA loan (10yr @ 10.5%)
$593,100
Est. monthly payment
$8,003
Annual debt service
$96,036
Owner cash flow after debt
$412,267
Debt Service Coverage Ratio
Strong coverage
5.29x

Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.

The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.

Unlock the full listing

Create a free Searcher OS account to see the exact location, full description, broker contact, and detailed financials — plus add this deal to your pipeline and run the numbers in our calculators.

  • Exact city & location
  • Full business description
  • Broker & contact details
  • Detailed financials

Frequently asked questions

How much does this home services business cost?

The asking price is $659,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.

What is the cash flow and valuation multiple?

This business reports approximately $508,303 in annual cash flow (SDE/EBITDA), implying a 1.3x multiple on the asking price.

Where is this home services business located?

It operates in the Detroit-Warren-Dearborn area. The exact city is shown after you create a free Searcher OS account.

Can this acquisition be financed with an SBA loan?

Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.