Business for Sale Overview:
This business enterprise is composed of two separate franchise territory agreements (Chicago SW suburbs & Chicago NW suburbs) and was founded by the current owner in 1977. This business specializes in providing fire and water clean-up/restoration services. 96% of the jobs performed are residential. All painting, carpentry, electrical, and tile work is currently sub-contracted to artisan contractors. Approximately 94% of current revenue is generated from the SW suburban territory, and approximately 97% of gross revenue is derived via direct-bill contracts with insurance companies. All systems, especially human resources, are in place to enable the new owner to expand the SW suburban territory and to develop the NW suburban territory. This business has been priced and structured to sell very rapidly. $200K FF&E and $255K in Accounts Receivable are INCLUDED IN THE ASKING PRICE!! This is a truly remarkable business opportunity. This franchiser qualifies for an A rating from SBA lenders.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Seller owns real estate. Will lease to buyer or may consider selling.
SqFt: 5,000
Rent: $2,600.
Reason for Selling:
Owner retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.