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- RE: Property Damage And Restoration Co.
- Contact: George M.
Quick Facts
| Asking Price: | $295,000 | |
| Annual Revenue: | $610,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $135,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 5 | |
| BBN Listing #: | 996012 | |
| Broker Reference #: | GM60 |
Business Overview:
For sale this well-established, profitable “fully turnkey” business in a completely recession-proof industry. The asking price includes vehicles and operating equipment PLUS excellent and predictable profit margins and high owner earnings. The adjusted discretionary cash flow is approximately 33%. Service Mix/Ratio: • Water - 52% • Mold - 41% • Fire, Biohazard, Reconstruction & Other - 7% Program (National Accounts – we are currently handling some National Accounts but there are several accounts that we do not currently work with including regional and national insurance carriers, third party administrators and large commercial referrals. There is a huge opportunity for the new owner to come in and increase these revenues.
This is an executively run business for property damage, primarily dealing with fire, water, and mold removal, repair, and remediation. As the new owner, you will oversee financial management and market building relationships and networks in the community. This “needs based” service business is still highly scalable with continued growth potential. Beyond the current book of business, this sale also includes protected territory covering Cook and DuPage Counties.
It will be important for the new owner to have the ability to leverage existing relationships with national and regional insurance companies and preferred vendors. Service premiums are pre-paid and substantial. Full training and ongoing corporate support will be included. Contact George for detailed information about this business.
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Property Features and Assets:
Includes FF&E. Contact for detailed information about this business.
Market Competition and Expansion:
Outstanding name in the industry. Continual demand allows for long-term growth business.
Reason for Selling:
Contact for this information. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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