$150,000 Down Buys You $500,000 Annual Income B4 Debt Service
Location: Georgia > Walton County > Can be located in any city in the U.S.
Industry: Business Services > Other Business Services
Financials
Asking Price: $1,400,000
Gross Revenue: $1,800,000
Cash Flow: $500,000
Seller Financing: $150,000 down gets SBA loan with owner holding $200,000.
Business Summary
$150,000 down buys you $500,000 annual income owner's discretionary cash flow for the first 6 months of 2008 is an astounding $350,000. *** This business was started in 1989. I previously owned a civil engineering business which I sold in 1991 to Moreland/Altobelli. It was the mid 1990s before I focused on the business not realizing that a simple little pressure washing company could one day expand into 42 states. We now offer pressure washing, commercial painting, parking lot striping, seal coating, asphalt repairs, window cleaning and interior detailing. We have built this business by this saying say what you do and do what you say. Being able to respond at a moment's notice is important in the service industry. We are very proud of our many letters of recommendation from our clients. Since we are in so many states working now, the door is wide open for more opportunity. With our reputation already in place, this business could expand very fast with 1 to 2 good sales people on staff. I look forward to seeing the new owner growing the business even more.
About the Business
Year Established: 1989
Relocatable: Yes
Facilities: This business can be located anywhere.
Market Outlook and Competition: Competition: No other business has this niche. *** Growth and Expansion: Hire 1 or 2 sales persons.
About the Sale
Management Training and Support: Owner will provide 4 weeks of transitional assistance.
Reason For Selling: Retirement.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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