Seller's Contact Information
- RE: Successful Northern Ontario Restoration Business
- Contact: Gordon Schofield
Quick Facts
Asking Price: | $1,900,000 | |
Annual Revenue: | $2,585,454 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $251,763 | |
Total Debt: | Not Disclosed | |
FF&E: | 470,531 | |
Real Estate: | $400,000 | |
Year Established: | 1992 | |
Employees: | 15 | |
BBN Listing #: | 19014955 | |
Broker Reference #: | 9105-16420 |
Business Overview:
This business is a very successful restoration / remediation business in central/northern Ontario. The current owners formed the business in 1992 and then integrated the franchise in 1999 upon acquisition. This is a multi year award winning franchise with 16 employees - several with key industry certifications. The owners and employees are also multiple individual award winners. It conducts business to the highest standards of operational excellence and best practices.
Upon request qualified buyers will receive a CIM and access to the franchisor website to learn more about this Tier 1 industry leader.
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Property Features and Assets:
The business operates out of it's own facilities with a total of 4,000 square feet split equally between office and warehouse. The ceilings in the warehouse are 12' and 8' in the office. Recent improvements include a new boiler, new paint, plumbing, updated wiring and new flooring with 2 washrooms. The roof and signage are in excellent condition with 20 parking spaces available. The building is on a major road providing easy access. Assets = $999,148.
Market Competition and Expansion:
A small number of competitors exist in this market. Excellent growth potential for the next owner.
Reason for Selling:
The owners are retiring.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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