See Similar Listings

Fast Growing Exterior Cleaning & Holiday Lighting Business

Scarborough, ME

Seller Financing Available

Asking Price:$375,000
Gross Revenue:$600,000
Rent:$2,650/Month
Established Year:2022
Cash Flow:$150,000
Inventory:$25,000
FF&E:$200,000
Listing ID: 2271501Listing provided by BizBuySell
BUSINESS DESCRIPTION

Get in on the home service industry now! Lots of growth potential!

Are you ready to step into a thriving business in one of New England's most beautiful and rapidly expanding regions? Look no further than this fast-growing exterior cleaning company strategically located in Southern Maine.

This unique opportunity includes purchasing two distinct brands: our established exterior cleaning services and a rapidly expanding holiday lighting installation business. The holiday lighting service, added in 2022, extends our operating season from April through January, leaving only a brief 6-7 week off-season.

In 2022, we made a significant investment in our company's growth by rebranding and upgrading to top-of-the-line equipment, vehicles, vehicle wraps and securing a 2000 sq ft warehouse in Scarborough. These investments have solidified our reputation as a trusted name in Southern Maine, offering diverse services, including window cleaning, soft washing, and holiday lighting installations.

The business enjoys a loyal customer base, strong financial performance, and consistent year-over-year revenue growth. The sale includes state-of-the-art equipment and a skilled team of technicians, ensuring seamless operations from day one. With expansion potential into the coastal New Hampshire and Mid-Coast Maine areas, this business is perfectly positioned for continued success in a high-demand industry.

Don’t miss out on this rare opportunity to own a fast-growing business in the beautiful and prosperous region of Southern Maine. Serious inquiries only. Contact us today to learn more; an NDA will be provided.

DETAILED INFORMATION
Location
Scarborough, ME
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
01/04/2025
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is in a 2000 sq. ft. warehouse that is sufficient for our current needs. However, we have the opportunity to grow into another adjacent unit that would double the existing sq. ft. and allow for several more fleet vehicles to be added. Our 3-year lease expires on 4/1/2024. We have the option to extend the lease.
Competition
The home service industry is rapidly growing, and exterior cleaning and holiday lights provide great opportunities to enter it. We have only been in business for a few years, but we are very established in our target market. Few companies provide both exterior and holiday lighting, which allows for a much longer season for us here in Maine. The Exterior Building Cleaning market size is estimated to increase by USD at a CAGR of 9.19% by 2030.
Growth & Expansion
As we are still a newer company, there is significant room for growth. Adding more work trucks will increase revenue for exterior cleaning and holiday lighting. The additional vehicles and revenue will significantly reduce our overhead costs and allow for higher profitability. As Southern Maine continues to grow, our centrally located office is perfect for our service area. We've mainly focused on residential projects, leaving many growth opportunities in the commercial space.
Support & Training
The owner will provide training and support to ensure a smooth transition between owners. Specific training/support includes but is not limited to operational, financial, HR, marketing, and sales. Comprehensive documentation of all business processes, systems, and key contacts will be provided.
Reason for Selling
Pursuing other business ventures
Report an Issue with this listing
Tyler Pendleton
Phone Number
Tyler Pendleton
Call Phone