Owner Financing is Available!
Business Overview:
Update: Interim 2010 revenue figures show the business on pace to far exceed $5 million in revenue and $2.5 million in cash flow. If you've ever spent any time in a major metropolitan area, you've seen the guys hanging on the sides of 80-story buildings washing the windows. This happens to be a multi-million dollar industry in the United States that only a few specialized firms participate in. This company in particular is one of the most respected outfits in this industry. They specialize in high-rise, multi-story window cleaning and also provide additional exterior building services such as power washing, caulking, water-proofing and painting, among others. If it's some sort of cleaning or maintenance that needs to be done to the exterior of a commercial building, this company can handle it. But even though this highly-visible work is impressive there are only so many skyscrapers. That s why the bread-and-butter revenue stream for the company is derived from multi-story buildings, which they define as 2-to-5 stories tall. These jobs account for roughly 50% of total revenue, while high-rise work (taller than 6 stories) makes up 30% and the other 20% comes from route work (single-story commercial buildings). The company s customers are primarily property management companies, commercial building owners, large corporations, government entities, school districts and municipalities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business currently operates out of a 10,500 square feet, two-story industrial facility. Half of the space is warehouse and shop, while the other half houses the business operations and executive offices.
Market Competition and Expansion:
The overall package this company delivers far exceeds the major competitors in the market. It is a combination of several factors that provide them this unique position, including an experienced, trained and loyal staff, state-of-the-art equipment that no competitor has, fluid communications throughout the organization and competitive pricing with superior speed and service. These keys combine to create the primary differentiation of this company versus the competition this is an operation that was built on and thrives on efficiency. From a growth perspective, the company has always focused on a methodical revenue increase through referrals. They have relied heavily on their reputation to earn new business and counted on their efficiencies to retain the customers they already have. The new ownership could focus on two areas of growth already identified - regional expansion or infiltration into different market segments.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: