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Asking Price:	$699,000 USD USA Dollars
Business for Sale Industry:	Services: Repair, Home Improvement, Painting
Reason for Selling:	Owners very motivated by pending Retirement
Year Established:	1982
# of Employees:	3 FT
Yearly Revenues:	$730,478
Yearly Cash Flow:	$236,647

Business for Sale Overview:

This 25 year old business offers a full range of structural and content damage restoration. They have an excellent reputation for quality work and friendly service. The business offers a start to finish service, and all projects are different making the work exciting and fast-paced. The 'customers' are primarily insurance companies, which produces repeat business, prompt payment of invoices, and dependable, forecasted revenue. You'll find enjoyment in helping others get their lives back together. Who should inquire about this business? Those with home construction, insurance, building supply or remodeling experience who also have a management background. There is considerable industry training available at a reasonable cost in addition to the Seller’s transitional training. You should have available cash of at least $69,000.00 for down payment funds. An additional home equity line of credit would be helpful. The Buyer will need excellent credit to qualify for a SBA loan for the majority of the purchase price. Seller Financing is negotiable with a SBA loan. 10% down. Please see our web site www.BizAdvocates.com for more information.

Property Features and Assets:

A new, well-lit, comfortable facility includes an area for maintaining and storing content cleaning equipment and supplies. Real property is not included in the sale, however, the current owners are willing to negotiate an acceptable lease based on the expense guidelines of the third party appraisal.

Market Competition and Expansion:

Two other companies offer restoration services, but neither are as well equipped or trained. The owners have a good working relationship with the other businesses. Marketing the business by offering seminars to insurance agents, insurance adjusters and real estate agents, that educate them on fire and water restoration. Increasing visits to insurance adjusters and agents from once a year to at minimum quarterly may greatly increase the volume of work. Possibilities for diversification of the business include: Crawl Space Containment and Refurbishing, Mold Remediation, Carpet Upholstery and Tile Cleaning, and Air Duct Cleaning.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.