Established Restoration and Water Damage Franchise

Not Disclosed, TX
Harris County

Vast franchise territory in Harris County


Asking Price: Annual Revenue:
$700,000 $1,092,454

Services: Cleaning


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RE: Established Restoration and Water Damage Franchise Broker: Mike Funaro

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,092,454
Net Profit: Not Disclosed
Cash Flow: $188,491
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 5
BBN Listing #: 139649704
Broker Reference #: WDTX

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Business Overview:

This opportunity includes an extremely large protected franchise territory with a nationally branded Restoration franchise. Services provides include; water damage restoration, fire damage restoration, mold damage restoration and disinfection/decontamination. We work with insurance companies and private clients. This is a fully equipped, staffed and operating business with repeat customers and a great reputation. There is also tremendous growth potential as the market is continuing to grow and the current owner does nit service the entire market.

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Property Features and Assets:

The business operates out of a centrally located industrial park but can be re-located anywhere within the vast franchise territory. The American restoration industry has grown to an astonishing $210 billion annual market and due to several factors, including aging American homes and infrastructure, the worsening severity of storms, the influx of wildfires and frequent flooding. This points toward a skyrocketing market for home and commercial restoration in the coming years.

Market Competition and Expansion:

Disaster can strike at any moment, but one thing is certain, disasters happen often. Marketwired reports that more than 14,000 people experience water damage every single day, and damage from “water leaks and frozen pipes cost consumers and insurers more than $10 billion every year in the U.S.” * Water damage also is extremely expensive, with Home Advisor reporting that the average costs to repair water damage ranges from $1,038 to $3,607, and can approach well over $6,000 if the damage is severe. The U.S. Census reported that the average age of a home is nearly 40 years old, so this type of damage is expected to continue.

Reason for Selling:

Relocation

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 a franchise resale opportunity.

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