Client No. 06104

Business:
A 62 year old industrial power washing company that utilizes high and ultra-high pressure water technology. The company also handles jet cutting of steel, specialized industrial vacuuming, and hydrodemolition of concrete. Facilities consist of two buildings that contain offices, maintenance areas, and warehouse space situated on 2.2 acres M/L. The business is located in the Middle Atlantic Region with a customer base of utilities, refineries, chemical plants, shipyards, and general contractors involved with concrete products. The market area ranges from southern New England to the Baltimore/Washington area.

Sales:

Employees:
The company employs 25 to 30 operations personnel and three owners in management/administration roles. The business is a non-union operation.

Reason for Sale:
The owners wish to retire from the day-to-day management of the business, and seek a buyer who can facilitate future growth. Selected owners would be interested in employment contracts for a transition period.

Terms and Price:
Terms and price are flexible depending upon the structure of the sale.

Fees:
Penn Capital Group, L.L.C. has been engaged exclusively to sell this company and our fee is paid by the seller.

More detailed information will be supplied to serious buyers upon the signing of a confidentiality agreement. A verification of the potential buyer’s financial capabilities will be required. All communication, inquiries and requests for information should be directed to:

Lawrence N. Blake
Penn Capital Group, L.L.C.
5 Shadow Lane
Chadds Ford, PA 19317

Phone: 610-388-7119
Fax: 610-388-3361

CONFIDENTIAL AND PROPRIETARY