Asking Price: $1,260,000
Gross Revenue: $810,070
Net Profit (SDE): ~$348,000 (3-year weighted average)
Payroll: 5 full-time W-2 employees
Cost of Goods: $250,857 annually
Business Highlights
Diversified Services: Restoration division (power washing, wood restoration, masonry, painting) plus high-margin holiday lighting division that drives ~40% higher weekly revenue in Q4.
Premium Market Reputation: Over 25 years serving affluent NJ/NY neighborhoods; highly regarded with strong repeat base and Angie’s List reviews.
Revenue Mix: The company’s revenue is well-diversified across service lines:
25% Carpentry
20–25% Painting & Staining
20–25% Masonry
25%: evenly spread across power washing, deck/pool surrounds, and other restoration services
Strong Financial Performance: 2024 revenue of $810K with $349K net income; gross margins 65–70%, net margins consistently 30%+.
Recurring Revenue & Renewals: Several hundred active clients annually; holiday lighting renewals exceed 95% with very low attrition (~5%).
Fleet & Equipment: Six-truck fleet including box truck, vans, pickup, and Genie lift; supported by professional-grade washers, sprayers, ladders, and extensive reusable lighting inventory.
Experienced Team: 5 full-time W-2 staff including a lead foreman
Owner’s Role: Currently 30–40 hrs/week focusing on estimating, contracts, client communication, and upselling. Systems and GM in place to reduce dependency, but buyer should expect to be active.
Growth Potential:
Geographic expansion into Morris, Union, Sussex (NJ) and Rockland/Westchester (NY).
Opportunity to establish recurring commercial contracts with HOAs, hotels, and property managers.
Additional services such as window cleaning or expanded masonry.
Marketing expansion: currently referral-driven with no digital ad spend; large upside with SEO/PPC/local campaigns.
Hiring project managers or sales reps could significantly scale revenue.
Transition & Support: Owner committed to one full seasonal cycle to train buyer; GM and staff expected to remain post-sale.
Reason for Sale: Retirement.
SBA/Seller Financing: SBA Financing Available (NO SELLER FINANCING)
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
