MergerPlace

Power Washing, Deck & Fence Maintenance

Virginia (Fairfax)


  • Asking Price: $175,000
  • Gross Income: $344,327
  • Cash Flow: $100,272
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $24,000
  • Listing ID: #205769
  • Established: 1986
  • Employees: 6

Business Description

A rare opportunity to buy a ripe business that has great upside potential! The business was originally part of a franchise, purchased in 1986. After the initial five-year agreement, the current owner opted to take the business independent where they successfully ran the business for over 30 years. The original franchise folded shortly thereafter and the rest is history.

The owner initially focused solely on commercial work, historical building restoration, exterior building cleaning, new brick cleaning, de-greasing and sealing parking garages, graffiti removal and exterior painting. The company has experience working off of swing staging, scaffolding, extended man lifts and ladders. In the late 1980’s and early 1990’s they had a successful janitorial service mainly cleaning new construction residential units, small schools, small offices and builder models where there is still a market demand.

Although the company still does commercial work in the last fifteen years they have concentrated on building their residential business. The majority of the work is cleaning and pressure washing siding, providing deck and fence maintenance including the pressure washing and sealing/staining of pressure treated decks, fences, vinyl and wood siding, and painting. The company also provides chemical stripping services as well as repairing and rebuilding decks as necessary. Their crews work with pressure treated wood, cedar, redwood, IPE, Trek and composite decking. They generally work on over 300 decks per year and clean over 150 sided homes. The majority of the homes in Northern Virginia have both siding and brick, as well as a deck and/or a fence to combine services in a single job offers a unique opportunity to optimize labor and overhead.

Through the years the company has offered clients competitive pricing, excellent workmanship and a guarantee of complete customer satisfaction “no matter what.” They have been rewarded with hundreds of repeat clients and referrals. They have been awarded the Angie’s List “Super Service Award” consecutively from 2007 through 2017 with over 400 ”A” ratings from satisfied customers. They have also been voted a “Best Buy by Washington Consumer Check Book Magazine” for the past 20 years. The company is on many HOA and Community Association “Preferred Contractor Referral Lists” and work with major property management companies. The foreman has been with the company for 29 years and all the current employees are all related to past employees, so the crew knows what they are doing and can train new people easily to help grow the company.

Just on the basis of the company’s great reputation and large existing customer base, any new owner should be able to immediately duplicate the company’s past revenue and cash flow. With the team’s extensive experience and acquired expertise the new owner will have the opportunity with the whole team’s assistance to grow the business and expand into other complimentary services in which they have experience. The busy season is upon us, so take the business over and immediately start making money! This opportunity likely won't last long, so contact us today!


Business Details

Primary Business Category: Services - Other Services
Location: Virginia
County: Fairfax

Company Information

Year Established: 1986
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 6

Financial Information

Asking Price: $175,000
Gross Revenue: $344,327
Cash Flow: $100,272
FF&E: $24,000
Inventory: $2,000
Seller Financing Available: Yes

Property Information

Facilities:

The business is currently home based and rents a 250 square foot storage unit in a secure, gated, and controlled accessed storage facility with a manager on site. The storage unit is conveniently located near the Fairfax County Parkway, Dulles Toll Road, and Rt. 7/Rt. 28. Larger and smaller units are available as needed to accommodate growth. Onsite secure parking is available for additional trucks, plus there is the convenience of the month to month lease so you can move the business anywhere in the Northern VA Area!

Growth & expansion opportunities:

The Northern Virginia area is prosperous and growing. The opportunity for growth and expansion into complimentary services is unlimited alone, but just hiring a small sales team and creating a local marketing campaign with a limited budget can easily provide huge growth in short period of time.

Competition:

Yes, there are "your guy and a truck with a power washer" type operations and some fairly nice sized companies that do power washing along with other various services out there, but there is not currently a dominant company in the Pressure Washing, Deck & Fence Maintenance and Exterior Building Cleaning categories, which this company can easily become!

Reason for selling:

Owner is retiring.

Support & Training:

Owner will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC