Success Story for:
Charles Atkins of Puroclean
In 2006, Charles Atkins started a restoration company in Florida after operating a successful construction company. In July 2014 he sold that restoration business and used the proceeds to purchase a Puroclean restoration franchise and move to Cleveland, Tennessee. Anticipating expansion and the need for more space, Charles contacted the Cleveland State Small Business Development Center for assistance in obtaining financing to buy the building and property that they were renting.
The center assisted with his business and marketing plans, and financial projections. The center also assisted him with preparing a 504 SBA loan application and finding an appropriate lender. Complications with the property owner prevented the purchase of that original building, but with the help of the bank and the SBDC, Charles found and purchased different building with direct financing from the bank.
In 2015, the first full year of the business, Charles’ Puroclean franchise location had a gross income of $439,000 and net income of $121,000. In 2016, the company increased its gross income to $695,000 and net income to $188,000. In 2017, the company is on track to exceed $800,000 in gross income.
One of the main reasons Charles purchased the Puroclean franchise was to be able to assist in restoring property damaged by natural disasters. The Puroclean franchise agreement requires, whenever possible, franchise owners to assist other franchisees in responding to natural disasters. This year, Charles traveled to Houston in the wake of Hurricane Harvey, to Florida in the aftermath of more hurricanes, and to California after the devastating wildfires.
Charles is a true example of how to run a profitable small business while helping his fellow man when disaster hits. He is committed to his faith and to giving back to his community.