Seller's Contact Information
- RE: Property Reconstruction And Restoration
- Contact: Ashish Bhatt
Quick Facts
Asking Price: | $3,200,000 | |
Annual Revenue: | $3,200,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,150,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 939694 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This company specializes in providing insurance-covered property restoration services, primarily focusing on reconstructing damage caused by water, fire, wind, and mold. The company also offers various clean-up-related services contributing to a smaller portion of its revenue.
In 2023, the company generated $3.2 million in total income with an SDE margin of 36%.
This business operates independently of the owner and has established protocols, an operating model, and contracts within the industry.
The company operates in a steadily growing market, occupying a niche segment with evenly distributed competition. Most competitors are small businesses.
The reconstruction industry is projected to grow at a 6% CAGR. At the same time, the company can double its business in a short period by engaging in more partnerships with Third-Party Administrators (TPAs) and expanding its clean-up service offerings.
Key Highlights:
- Dynamic operations: Serving over 30 locations.
- Strategic partnerships: Collaboration with TPAs can significantly boost revenue.
- Sales: The company contracts 80-90% of inbound project leads.
Three of the four partners are looking to stay with the company and remain employed. 100% of the ownership in the company is up for sale.
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Market Competition and Expansion:
The company will certainly remain viable with its team of experienced professionals, high-quality contracts, and industry trends that indicate an increase in the company’s services.
Growth opportunities also include:
- Increasing demand for green practices
- Technological advancements
- Climate change
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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