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How a Power Washing Business Sold at 900x EBITDA with City Contracts
In episode 129 of The Buyer & Seller Podcast, Lucas and Luna break down the sale of a power washing business in Phoenix that went for 900x EBITDA — despite having no recurring contracts and no route density. The secret was a single city government contract for graffiti removal that was set to renew automatically for five years. We walk through the deal structure, the due diligence process, and why municipal contracts command a premium that can dwarf even the best route density numbers. Along the way, we touch on how a small listener base keeps the show ad-free, and why the buyer was willing…
The skinny
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