HELLERTOWN, Pennsylvania _ Bob and Nate Conrad, father-and-son owners of Bob’s Valley Wide Carpet Care, have purchased an approximately 3000-square-foot property at 136 Front Street in Hellertown and plan to move their floor-care business headquarters here by the beginning of next year.
Jeff Barber of Lehigh Financial Group LLC in Allentown arranged the financing so that the father-and-son team could purchase the property and make the necessary renovations to it. The purchase price for the property was not disclosed.
Bob Conrad started the business in 1989 from his home. His son, Nate, joined him about 10 years ago. The business most recently operated from a 1200 square-foot building in an industrial park off Route 512 in Bethlehem. “As our business continues to grow, we have been looking to expand and this property is perfect,” Nate Conrad said. It not only doubles the office and storage space, but it also has an apartment upstairs that will serve as an investment. The Conrads plan to make minor renovations to the apartment and find a new tenant. The property was vacant when they bought it.
Nate said the location in a commercial/residential area of Hellertown is ideal. It gives the business a presence in the community and the opportunity to offer some walk-in services such as rug drop-off, he said. The larger space also enables the small business to store its equipment and supplies more easily.
Bob’s Valley Wide uses an environmentally friendly cleaning method that significantly reduces water and energy consumption while delivering superior results. The small business services include residential and commercial carpet cleaning and carpet repair. It also revitalizes and cleans vinyl composition tile (VCT), tile, stone, hardwood, luxury vinyl tile (LVT) and laminate/vinyl plank floors.
Nate said working with Barber, whom he knew from previous business opportunities, was exceptional. Barber was able to help him negotiate seller concessions that lowered the amount of the loan needed. Barber is excited for the Conrads and is confident they and their customers will benefit from the purchase and the move.
Mylissa Battoni of House & Land Real Estate in Hellertown, who alerted the Conrads to the property, was their buyers’ agent. Lucy Lennon of Morganelli Properties in Bethlehem was the agent for the seller. WoodStone Settlement Services LLC in Hellertown was the title company and the loan is funded by First Commonwealth FCU.
Information provided to TVL by Beth Orenstein on behalf of:
Lehigh Financial Group, LLC
122 North 5th Street
Allentown Pa 18102