Listing ID: 80502

Business Overview

The Business is Servicing North Atlanta Metro Area

THIS BUSINESS RUNS ITSELF, is always in demand and there is a full team in place!

This is “not your typical pressure washing business” and is highly scaled.

High-profit, full-service soft wash (Pressure Washing) business serving commercial and residential clients in the North Atlanta metro area. The business has a loyal customer base with strong repeat business and a referral network.

This business has low overhead and generates consistently strong profits while still managing to pay good salaries for its hard workers. The company operates five work vehicles loaded with all the equipment needed for any job. All the vehicles and cleaning equipment is owned outright and will be transferred to the new owner. Owners have done a fantastic job generating revenue and currently have a 4 to 6-week backlog. The business runs itself. The owner comes in only when he wants to do some work.

Clients include state, county, and city governments, commercials accounts, residential landlords and individual homeowners.

Providing the following list of non-exclusive services:

Roof Cleaning
Siding Cleaning
Concrete Cleaning
Deck Cleaning
Fence Cleaning
Commercial structures
Government structures
Metal Roof Cleaning
Slate Roof Cleaning
Cedar Shake Cleaning
Graffiti Removal
Parking decks/Garages
Dumpster sites

Financial

  • Asking Price: $698,000
  • Cash Flow: $270,000
  • Gross Revenue: $600,000
  • EBITDA: N/A
  • FF&E: $170,000
  • Inventory: $2,000
  • Inventory Included: Yes
  • Established: 2005

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:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased warehouse to store trucks, chemicals, and equipment. (Home Based)

Is Support & Training Included:

The seller is willing to train as needed.

Purpose For Selling:

Health

Pros and Cons:

There are competitors in this space but our repeat and referral business speaks to the quality work and level of service.

Opportunities and Growth:

A proven advertising strategy that has a large return on ad spend! Add additional geographical coverage areas in your advertising.

Home Based:

This Business Is Home Based

Additional Info

The venture was founded in 2005, making the business 17 years old.
The transaction shall include inventory valued at $2,000, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell operating businesses. Nevertheless, the real reason and the one they say to you might be 2 totally different things. As an example, they might claim "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may just be justifications to attempt to conceal the reality of altering demographics, increased competition, current reduction in profits, or a range of other factors. This is why it is very vital that you not count entirely on a seller's word, however instead, utilize the vendor's answer in conjunction with your general due diligence. This will paint a more sensible image of the business's present circumstance.

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 deal. Lots of companies borrow money in order to cover points like inventory, payroll, accounts payable, and so on. Remember that sometimes this can indicate that revenue margins are too small. Numerous companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be met or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract new consumers? Often times, companies have repeat consumers, which develop the core of their daily profits. Specific aspects such as brand-new competition sprouting up around the location, road building, as well as staff turnover can affect repeat clients as well as negatively influence future earnings. One essential point to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the opportunity to develop a returning consumer base. A last idea is the general area demographics. Is the business situated in a largely populated city, or is it located on the outside border of town? Just how might the neighborhood average household earnings impact future earnings potential?