Listing #: 1595
Location: Northern New England
This is a great opportunity to buy a very profitable company. They focus on service to commercial customers, with a wide customer base of mostly repeat customers, including large national companies. They have a secondary niche which will be explained after signing an NDA. They also do residential services which is an area of strong recent growth. They provide service within a 100 air-mile radius. Crews are also sent throughout New England to accommodate many large sized jobs. This highly successful business has an excellent reputation, based on 30 years of great service. It is poised for growth as a standalone business or would be a great addition to an existing pressure washing company. This company has run strong run right through the Covid-19 pandemic, in fact, sales and profits are up year over year! Real Estate is available for long term lease with an option to buy.
This company is SBA pre-screened.
Financial Information:
Yearly Gross: $ 2,500,000.00
Cash Flow / SDE $ 735,000.00
Assets / FFE: (included)
Inventory: (included)
Real Estate: $Available for long term lease with an option to buy.
Financing: Prescreened for an SBA 7a loan.
Asking: $2,800,000
General Information:
Year Established: 1991
Facilities: 13000’ commercial building with 3,000 square feet of office space.
Type of location: Industrial Park directly off a route 95 exit.
Growth and Expansion: Adding related services and promoting current services could greatly increase the volume of business within the current service area.
Support/Training: Owner(s) will stay on for 90 days (or as needed).
Reason Selling: Semi-retirement
Employees: FT 13 PT 0
Franchise: no Home-based: No Re-locatable: No
For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Tom Boyd
Phone: 781-682-6209 ext. 269
