Listing ID: 70201

Business Overview

Window Cleaning/pressure washing/gutter cleaning business for sale. This is a turn key operation in business since 1992 with vans, ladders, pressure washers, cleaning equipment and supplies included in sale. Owner is retiring and will train and assist buyer for orientation. This is a terrific on going business with over 1,000 customers on file. Start working tomorrow! Call Tom Gattas at 901-270-7017 for more information.

Financial

  • Asking Price: $125,000
  • Cash Flow: N/A
  • Gross Revenue: $161,000
  • EBITDA: N/A
  • FF&E: $15,000
  • Inventory: $500
  • Inventory Included: Yes
  • Established: 1992

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

ThIs is a home based business with the owners office in his residence. The office is complete with all office equipment, customer files and records. (Home Based)

Is Support & Training Included:

Owner will train and assist for 2 weeks at no charge.

Purpose For Selling:

Retirement

Pros and Cons:

The Mid South Market has a constant need for cleaning windows and pressure washing surfaces due to the hot, humid summers. Pollen build up is above average due to the large number of enormous trees in West Tennessee.

Opportunities and Growth:

Tremendous growth potential with over 1,000 current or past customers and excellent opportunity for adding additional services.

Home Based:

This Business Is Home Based

Additional Info

The venture was established in 1992, making the business 30 years old.
The transaction does include inventory valued at $500, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell operating businesses. Nonetheless, the true factor vs the one they tell you might be 2 totally different things. As an example, they might claim "I have a lot of various responsibilities" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be justifications to attempt to hide the reality of transforming demographics, increased competition, recent reduction in incomes, or a variety of various other reasons. This is why it is really essential that you not depend completely on a vendor's word, yet rather, utilize the seller's answer combined with your overall due diligence. This will repaint a more practical picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of companies finance loans with the purpose of covering things like inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that revenue margins are too small. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that have to be met or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area attract new customers? Often times, companies have repeat clients, which create the core of their daily earnings. Specific aspects such as brand-new competition growing up around the location, road building and construction, and personnel turnover can affect repeat clients as well as negatively influence future profits. One essential thing to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the higher the possibility to develop a returning customer base. A last thought is the general location demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? How might the local mean family earnings influence future revenue prospects?