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Free VC Directory

With any B-Plan Purchase
425 Page Capital Directory
Through Oct. 31


Business Plan Writer
$425 Flat Rate
No Templates Used
7 Day Turnaround

All Purchased Plans
Are Updated for 2017

Business Startup Guides
Checkout our new sister site!

Free Power Washing Service Business Plan
For Raising Capital from Investors, Banks, or Grant Companies!

Please note that the financials in this complete free business plan are completely fictitious and may not match the text of the business plan below. This free business plan demonstration purposes only. If you are interested in purchasing the completed editable MS Word and Excel documents for this business plan, please click the button below! Also, the text of the business plan is formatted with a fully automated table of contents.



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It should be noted that there is no special software required to use these templates. All business plans come in Microsoft Word and Microsoft Excel format. Each business plan features:

  • Excecutive Summary
  • Company and Financing Summary
  • Products and Services Overview
  • Strategic Analysis with current research!
  • Marketing Plan
  • Personnel Plan
  • 3 Year Advanced Financial Plan
  • Expanded Financial Plan with Monthly Financials
  • FREE 30 Page Sample Private Placement Memorandum
  • FREE PowerPoint Presentation for Banks, Investors, or Grant Companies!

1.0 Executive Summary

The purpose of this business plan is to raise $50,000 for the development of a power washing service while showcasing the expected financials and operations over the next three years. Power Washer, Inc. (“the Company”) is a New York based corporation that will provide power washing for homes and businesses in its targeted market. The Company was founded by John Doe.

1.1 Products and Services

The Company’s primary service will be to power wash asphalt and sides of buildings to remove dirt and paint. The power washing services offered by the business will provide both residential and commercial clients with the ability to restore a new look to their home and business exteriors. The Company will earn substantial gross margins from the sale of this service to customers. The third section of the business plan will further describe the services offered by the Power Washer.

1.2 The Financing

Mr. Doe is seeking to raise $50,000 from as a bank loan. The interest rate and loan agreement are to be further discussed during negotiation. This business plan assumes that the business will receive a 10 year loan with a 9% fixed interest rate.

1.3 Mission Statement

Power Washer, Inc.’s mission is to become the recognized leader in its targeted market for power washing services.

1.4 Mangement Team

The Company was founded by John Doe. Mr. Doe has more than 10 years of experience in the construction industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

1.5 Sales Forecasts

Mr. Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years.

1.6 Expansion Plan

The Founder expects that the business will aggressively expand during the first three years of operation. Mr. Doe intends to implement marketing campaigns that will effectively target individuals and businesses within the target market.

2.0 Company and Financing Summary

2.1 Registered Name and Corporate Structure

Power Washer, Inc. The Company is registered as a corporation in the State of New York.

2.2 Required Funds

At this time, Power Washer, Inc. requires $50,000 of debt funds. Below is a breakdown of how these funds will be used:

2.3 Investor Equity

Mr. Doe is not seeking an investment from a third party at this time.

2.4 Management Equity

John Doe owns 100% of Power Washer, Inc.

2.5 Exit Strategy

If the business is very successful, Mr. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of Power Washer, Inc. Based on historical numbers, the business could fetch a sales premium of up to 3 times earnings.

3.0 Products and Services

Below is a description of the power washing services offered by Power Washer, Inc.

3.1 Power Washing Services

Through its services, the Company will be able to provide both residential and commercial customers with the ability to clean their driveways, asphalt surfaces, building services, and deck surfaces in a cost effective manner. At the onset of operations, the Company will have two power washers on staff that will render these services to the general public. Each employee will have a high PSI gasoline powered pressure washer to render the cleaning services.

 

 

4.0 Strategic and Market Analysis

4.1 Economic Outlook

This section of the analysis will detail the economic climate, the power washing industry, the customer profile, and the competition that the business will face as it progresses through its business operations. Currently, the economic market condition in the United States is moderate. The meltdown of the sub prime mortgage market coupled with increasing gas prices has led many people to believe that the US is on the cusp of a double dip economic recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows. However, power washing businesses typically are immune from deleterious changes in the economy as individuals and businesses continually require specialized cleaning services for their homes and decks. This is especially true if significant dirt or paint damage has occurred.

4.2 Industry Analysis

Within the United States, there are approximately 2,800 companies that provide power washing and building exterior cleaning services to the general public. Each year, these businesses aggregately generate $4 billion of revenue while concurrently providing jobs to more than 50,000 people. Aggregate payrolls in each of the last five years have exceeded $1.3 billion. This is a mature industry, the future expected growth rate is expected to mirror that of the general economy.

4.3 Customer Profile

Power Washer, Inc.’s average client will be a home owner or building/business owner within in the Company’s target market. In this section of the analysis, you should describe the type of customer you are seeking to acquire. These traits include income size, type of business/occupation; how far away from your business is to your customer, and what the customer is looking for. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.

4.4 Competitive Analysis

This is one of the sections of the business plan that you must write completely on your own. The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages. If there are a number of competitors in the same industry (meaning that it is not feasible to describe each one) then showcase the number of businesses that compete with you, and why your business will provide customers with service/products that are of better quality or less expensive than your competition.

5.0 Marketing Plan

Power Washer, Inc. intends to maintain an extensive marketing campaign that will ensure maximum visibility for the business in its targeted market. Below is an overview of the marketing strategies and objectives of the Company.

5.1 Marketing Objectives

  • • Establish relationships with other property maintenance firms within the targeted market.

  • • Implement a local campaign with the Company’s targeted market via the use of flyers, local newspaper advertisements, and word of mouth advertising.

  • • Develop an online presence by developing a website and placing the Company’s name and contact information with online directories.

5.2 Marketing Strategies

Mr. Doe intends on using a number of marketing strategies that will allow Power Washer, Inc. to easily target homeowners, building owners, and businesses owners within the target market. These strategies include traditional print advertisements and ads placed on search engines on the Internet. The Company will maintain a sizable amount of print and traditional advertising methods within local markets to promote the power washing services that the Company is selling. Power Washer, Inc. will also use an internet based strategy. This is very important as many people seeking local services, such as power washing services, now the Internet to conduct their preliminary searches. Mr. Doe will register Power Washer, Inc. with online portals so that potential customers can easily reach the business. The Company will also develop its own online website. Finally, Mr. Doe will develop ongoing relationships with building owners and property management firms that continually require power and pressure washing services for their buildings and properties owned by their clients.

5.3 Pricing

In this section, describe the pricing of your services and products. You should provide as much information as possible about your pricing as possible in this section. However, if you have hundreds of items, condense your product list categorically. This section of the business plan should not span more than 1 page.

6.0 Organizational Plan and Personnel Summary

6.1 Corporate Organization

6.2 Organizational Budget



6.3 Management Biographies

In this section of the business plan, you should write a two to four paragraph biography about your work experience, your education, and your skill set. For each owner or key employee, you should provide a brief biography in this section.

7.0 Financial Plan

7.1 Underlying Assumptions

  • • Power Washer, Inc. will have an annual revenue growth rate of 10% per year.

  • • The Owner will acquire $50,000 of debt funds to develop the business.

  • • The loan will have a 10 year term with a 9% interest rate.

7.2 Sensitivity Analysis

In the event of an economic downturn, the business may have a decline in its revenues. However, power and pressure washing services are typically in demand despite deleterious changes in the economy as the expense of pressure washing is relatively low, and individuals and businesses want to maintain clean looking exteriors and facades. As such, the business will be able to remain profitable and cash flow positive despite deleterious changes in the economy.

7.3 Source of Funds


7.4 General Assumptions

7.5 Profit and Loss Statements 

7.6 Cash Flow Analysis

 

7.7 Balance Sheet

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7.8 General Assumptions

7.9 Business Ratios

Expanded Profit and Loss Statements

Expanded Cash Flow Analysis