Disaster Restoration Co in Minnesota For Sale

Not Disclosed, MN

Asking Price: Annual Revenue:
$2,400,000 $2,654,048

Services: Construction, Contractors

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RE: Disaster Restoration Co in Minnesota For Sale Broker: Jacob Petersen
Owner Financing is Available!
$240,000 down/$240,000 over 60 months @ 6%/ Other Financing

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $2,654,048
Net Profit: Not Disclosed
Cash Flow: $862,231
Total Debt: Not Disclosed
FF&E: $388,028
Real Estate: Not Disclosed
Year Established: 1999
Employees: 13
BBN Listing #: 14614955
Broker Reference #: 5106-16824

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Business Overview:

For sale is a highly successful and lucrative disaster restoration business which is not located in the Twin Cities metro area. This business is an independent, local company and has built strong relationships with key centers of influence in its geographic operating area, leading to explosive growth in the past, and many more growth opportunities on the horizon. This business is recession and pandemic resistant.

With a strong management team in place and a seller that is open to strategies to make the transition as smooth as possible, this business is poised to be a cash generating machine for the next owner. A minimum of $300,000 in liquid cash is needed to discuss this business opportunity.

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Property Features and Assets:

The business is located in a leased facility that is perfectly suited to the business’s operations. The landlord is open to a long-term lease with a new owner. There is an ability to grow the business more from the current location without changes to the facility. Assets = $393,028.

Market Competition and Expansion:

Over the five years to 2021, the Remediation and Environmental Cleanup Services industry has experienced growth. As the economy strengthened for the majority of the five-year period, industry revenue increased in line with construction, manufacturing and nuclear reactor decommissioning activity. Over the past five years, industry revenue increased, rising an annualized 4.0% to $20.6 billion. However, industry revenue decreased an estimated 3.4% in 2020 due to the effects on downstream demand caused by the COVID-19 (coronavirus) pandemic. Fortunately for operators, an increase in the Environmental Protection Agency's (EPA) budget and increased demand for disaster cleanup services have helped to somewhat offset the negative effects of the pandemic on downstream industries. Moreover, a growing and reopening economy in 2021 are anticipated to benefit the industry, causing industry revenue to grow an estimated 9.0% that year.- IBIS World There are numerous avenues through which this business can grow. The current owner has a strategic plan in place to start capitalizing on the best options under current management. Growth opportunity options include expanding geographical reach, expanding specific service lines where there is known demand, and further collaboration with local partners.

Reason for Selling:

The owner wishes to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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