Mike Andes explains why window-cleaning businesses with recurring contracts sell better than those built on one-off jobs. A buyer paid $800,000 for a business generating $100,000 yearly because predictable revenue is worth more than a business that depends on the owner to keep running.
I want to scale it to probably one to two. Okay. And then you want to sell it? Yeah. If you do a $1.52 million business that has eight services and half of its one time projects, no one wants to buy the business. I know we offer at least like 8 to 10 different services right now. So you can build a 1 to 2 million dollar window cleaning business and if you can do all the recurring revenue, you will sell that business. If you can't do that, if it requires an entrepreneur to step in, no one wants to buy the business. And if you can sell it to someone who's not an entrepreneur and just has money, they're like, oh, I just want a 20% return on my money. Yes, I will pay $800,000 for this if I can get $100,000 back in every year that buyer exists. But it's not going to be the person that will come here every single day and work six days a week.
