MergerPlace

Profitable Pressure Washing Company

Florida (Pinellas)


  • Asking Price: $143,000
  • Gross Income: $98,135
  • Cash Flow: $55,784
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #223669
  • Established: 1994
  • Employees: 1

Business Description

Well-established pressure washing company with lots of cash flow and long-term lucrative commercial clients. Valuation is based upon 2018 sales of $98K. 2019 sales were more than double at $200+K. The increase resulted from a number of additional work requests from existing long-term customers. This happens all the time but is not included in the current valuation and list price because some years have more additional work requests than other years. The company is likely undervalued at the current list price as a result.

This company is also pre-qualified with the SBA. With an SBA loan the buyer needs to bring in only 10-percent down payment. The current owner works part-time and makes a great living. Top-of-the-line equipment and a very efficient and well-designed pressure washing trailer combined with the owner's cleaning system enable jobs to be completed quicker and more completely than competitors can. As a result the current owner earns up to $300 per hour on a regular basis. This business is recession-proof. The owner has never experienced a downturn in his 30+ years of operating this company. Sales have increased nearly every year! There are still huge and easy opportunities to increase sales. The current owner is willing to stay on for an additional 6 months as a sales representative to help the new owner grow the business. SBA pre-qualified. With an SBA loan the buyer needs to bring in only 10-percent down.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Pinellas

Company Information

Year Established: 1994
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 1

Financial Information

Asking Price: $143,000
Gross Revenue: $98,135
Cash Flow: $55,784
Seller Financing Available: No

Property Information

Facilities:

All company equipment and truck convey with the sale. A list of equipment is provided with the information package. (Home Based)

Growth & expansion opportunities:

Current owner will assist the new owner grow the business for up to 6 months after the sale.

Competition:

No dominant competitors. Lots of available business.

Reason for selling:

Retiring. Current owner has operated the company for 26 years.

Support & Training:

Owner willing to stay on as a sales representative for six months to help the new owner grow the business.

Contact Business Seller

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Business Listed By:

Mark Harmon

Florida Business Exchange, Inc.