Sold
Sold
Longstanding Window Cleaning Service
$1,150,000
The Seattle metropolitan area, WA
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Gross Revenue
$1,370,363
Owner's Cash Flow
$520,172
Min Down Payment
$115,000
Employees
5 FT
Business Summary
The business, an established player in the window cleaning and maintenance industry, boasts a rich history and a commitment to excellence. Founded in 1986, the company has evolved significantly under the leadership of the owners. Originally focused on residential window cleaning, Interlake shifted its primary focus to the commercial sector, where it now derives over 80% of its revenue.
Key Highlights
Year established
1986
Real estate
Leased
Reason for selling
The owner is looking to move on to other ventures.
Support and training
The owner is willing to assist post-close to help with the transition.
Broker of Record
In Association with ParaSell, Inc. | A Licensed Washington Broker #21245
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Consolidated Cashflow
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $7,351 | $4,626 | $8,031 |
| COGS | $7,463 | $897 | $6,488 |
| Gross Income | ($112) | $3,729 | $1,543 |
| Operating Expenses | $6,400 | $8,333 | $2,082 |
| Operating Incomes | ($6,512) | ($4,604) | ($539) |
| Net Other Income (Expenses) | ($2,883) | ($9,405) | ($1,458) |
| Net Income | ($9,395) | ($14,009) | ($1,997) |
| Interest | $8,990 | $4,395 | $4,817 |
| Depreciation | $8,845 | $1,457 | $5,500 |
| Amortization | $1,603 | $4,430 | $5,144 |
| EBITDA | $10,043 | ($3,727) | $13,464 |
| Add-backs | $52,621 | $59,922 | $71,854 |
| Owner's Cash Flow | $62,664 | $56,195 | $85,318 |
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Projected Free Cash Flow
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