Listing ID: 66595
Founded in May of 2012 the Company has grown steadily and earned an exceptional reputation in the market it serves.
Through their excellent customer service and dedication to quality, the Company has developed a diverse customer mix of residential and commercial customers.
The Company provides professional window washing and pressure washing services to residences, storefronts and commercial and high rise buildings in the counties it serves in south central Washington State.
- Asking Price: $390,000
- Cash Flow: $164,149
- Gross Revenue: $334,442
- EBITDA: N/A
- FF&E: $47,251
- Inventory: N/A
- Inventory Included: N/A
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
This is a home based business. A buyer can purchase the business and keep overhead low by continuing to run it as a home based business or move the business to a commercial location if they choose to do so. (Home Based)
Will train for 2 weeks @ $0 cost. Whether the customer is seeking a One Time General Wash or an ongoing Maintenance Program the Company offers the following services to commercial and residential customers in the tri-county area it serves: Exterior Window Washing, Interior Window Washing, Hard Water Removal, Gutter Cleaning, New Construction Cleaning, Pressure Washing, Solar Panel Cleaning and Gutter Cleaning. Washington State business license required.
Seller is moving out of the area to pursue other opportunities.
While there are several other window cleaning companies in the area this Company has an excellent reputation, a well developed website and approximately 2,900 customers.
The potential customer base continues to grow as the market where the Company is located continues to grow. The market is exploding with growth as more people move into the three county market the Company serves. Along with the population increase more houses and buildings are being built and those houses and buildings need new construction pressure washing and window washing services prior to occupancy as well as ongoing general maintenance services. Due to the topography and geology of the area where the Company is located dirt and wind are a constant so there is no shortage of dirty buildings, houses and windows requiring the Company's window cleaning and pressure washing services on an ongoing basis.
This Business Is Home Based
The company was established in 2012, making the business 10 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals choose to sell operating businesses. Nonetheless, the genuine reason vs the one they say to you may be 2 completely different things. For instance, they may state "I have way too many various commitments" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competitors, recent reduction in revenues, or a range of other factors. This is why it is extremely essential that you not depend completely on a vendor's word, however instead, utilize the seller's response together with your total due diligence. This will paint an extra practical image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans with the purpose of covering things like stock, payroll, accounts payable, etc. Remember that occasionally this can suggest that revenue margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that need to be met or might result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area bring in new consumers? Often times, companies have repeat clients, which create the core of their day-to-day revenues. Certain variables such as brand-new competitors sprouting up around the location, road construction, and also personnel turnover can influence repeat customers and also negatively impact future revenues. One essential point to take into consideration is the area of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the possibility to construct a returning client base. A final thought is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Exactly how might the regional typical home earnings impact future income prospects?