Looking for a buyer.
Company Overview This mobile power washing company, focused on the cleaning of truck fleets, has been a trusted regional player in the industry for over three decades. The Company offers a variety of services, all of which prospered from strong customer satisfaction, driving recurring revenue and on-going referrals. Not only does the Company enjoy strong profit margins, but it also is experiencing rapid growth due to word-of-mouth and customer referrals. Over the 2021 fiscal year, the Company delivered a growth rate of 24% in comparison to the previous fiscal year. The Company is projected to continue this rapid growth at a trajectory of 21% over the next four years, set to dramatically outpace the market. During 2022, the Company is forecasting 35% growth over 2021 due to new customer acquisitions. This continued growth comes from its brand recognition and job satisfaction in the entirety of the two-hours radius in which it operates. Their niche clientele includes primarily truck fleets and commercial complexes, with other clients in residential space as well. Services offered range from fleet power washing to deck staining, owning all desired equipment to service their client’s needs easily and quickly. This Company would be an attractive investment to a strategic buyer looking to expand their existing presence or for a new player in the industry to invest in this explosive growth potential. It is also attractive due to the Company’s low labor and maintenance expense, historical market success, and minimal owner time commitment.
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