Washington Industrial Pressure Washing Company

Business Description

For sale is a 4-year-old industrial power washing company that provides exterior cleaning services to gas station stores and restaurants in the Northwest region, including Washington, Idaho, Oregon, and Montana. The industrial power washing company has changed how the exterior cleaning industry operates. It has separated itself from the competition to achieve far superior results in its full-site detail cleaning with petroleum waste removal and wastewater management. Areas covered in the full-site detail cleaning service are canopies, fuel pads, store fronts, and the lot. In addition, because of the compliance restriction and fines being levied, the company has developed complete extraction, pump-out, and filtering systems that enable debris and petroleum collection and removal from the site.

The company has shown steady and controlled growth, proving it can cover the entire Northwest region. There are 9 full-time employees, and the owner works around 20 hours per week. Average nightly revenue is between $4K and $10K. Revenue per state is Montana 40%, Washington 30%, Oregon 20% and Idaho 10%. While some clients only receive one cleaning per year, others receive two cleanings per year. Options available for the buyer to expand the business are introducing advertising or expanding the business to additional locations across the country.

Financial Overview

Asking Price: $1,750,000

Revenue: $1,129,926

Income: $386,476

Multiple: 4.52x

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