HD Listing ID: 67742
• Diversified Services: Restoration division (power washing, wood restoration, masonry, light painting) plus high-margin holiday lighting division for the winter when the other service lines slow down.
• Premium Market Reputation: Over 25 years serving affluent NJ/NY neighborhoods; highly regarded with strong repeat base and Angie’s List reviews.
• 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 seasoned foreman.
• Owner’s Role: Currently 30–40 hrs/week focusing on estimating, contracts, client communication, and upselling. Systems and a lead person 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
Ad#:2428494
