Highly Profitable Restoration Business for Sale

Not Disclosed, TX

Asking Price: Annual Revenue:
$2,900,000 $1,729,514

Services: Cleaning

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RE: Highly Profitable Restoration Business for Sale Broker: Saleem Marwat

Quick Facts

Asking Price: $2,900,000
Annual Revenue: $1,729,514
Net Profit: Not Disclosed
Cash Flow: $787,500
Total Debt: Not Disclosed
FF&E: $390,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 904650077
Broker Reference #: 41041-579750

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Business Overview:

This is a highly-profitable disaster (fire, water, storm, etc.) restoration business in Dallas-Fort Worth metro area.

This business has been providing restoration services to residential and commercial clients in the Dallas-Fort Worth region for the past 28 years. More than 99% of its business is conducted through major insurance companies, such as Allstate, State Farm, Farmers, Encompass, Nationwide, etc.

Larger, national-level restoration companies such as Dalworth, Belfor, Interstate, Cotton, etc. regularly subcontract their jobs to this company.

Due to fantastic customer service and workmanship of its employees, this company has been declared as one of the best restoration companies for Allstate in the previous 4 years.

The company and its professionally trained technicians are certified through the Institute of Inspection Cleaning and Restoration Certification (IICRC).

Due to great cash flow and profitability, a national bank has pre-qualified this business for SBA loan of up to $2.4M. The buyer needs to bring $580K down payment.

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Property Features and Assets:

The founder of the company ran this business for 27 years and sold it in early 2018. The new owner significantly improved the financial performance of the company since taking over the business but he is now moving into a much larger business venture and therefore he would like to exit the business and hand over this profitable company to a capable and energetic buyer. This company is located in an Industrial area of Dallas-Fort Worth. The company is housed in a very large 17,000 sq. ft. facility with roughly 1,500 square feet office space and 15,500 square feet warehouse. The warehouse is large enough to accommodate significant increase in business through active marketing or adding services, such as residential construction.

Market Competition and Expansion:

This company has established itself as one of the top disaster restoration companies in DFW area. Even though the market is competitive, this company gets enough business through Insurance and larger restoration companies that it doesn’t feel the need to do active marketing or promotion of its services. Potential Growth Currently, this business isn’t spending any money on marketing. All the business comes through insurance agencies and references. Active marketing and becoming official vendor of additional insurance agencies can increase revenue significantly. New and energetic owner can easily double or triple the sale and profitability by adding construction services to the existing business. Showing Instructions Contact Agent Showing Comments Contact Agent

Reason for Selling:

Purchase larger business.

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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