30-year Established Power Washing Business With Clients

Description

Exterior cleaning business for sale in Connecticut.

The company has been operating for approximately 30 years and primarily provides pressure washing services to residential and commercial customers.

Annual gross revenue is reported at approximately $190,000, with Seller’s Discretionary Earnings of about $100,000.

The owner currently answers calls, schedules jobs, prepares estimates and performs a significant portion of the field work.

Staff

• 2 W-2 field employees
• Seller’s wife is currently on payroll but is not required for day-to-day operations

The seller identifies the payroll expense associated with the owner’s wife as a potential add-back. Buyers should verify this during financial due diligence.

Assets included

• 2006 Ford F-250
• Dually trailer
• Pressure washing equipment and tools
• Customer records representing approximately 700 invoices

The seller estimates the included assets at approximately $50,000.

The business operates from rented warehouse space. The seller is willing to introduce the buyer to the landlord, with any continued lease subject to landlord approval.

Annual marketing expense is approximately $6,500.

The seller reports no outstanding business debt.

The listing describes the operation as seasonal from November through March. Buyers should confirm the exact operating months and whether the business can be expanded into a longer season or year-round schedule.

Seller financing may be available at approximately 6% interest over a five-year term, subject to final agreement.