Request More Information Contact the Seller
- RE: Profitable And Thriving Restoration Franchise Biz
- Contact: Vince Liuzzi
Quick Facts
Asking Price: | $8,000,000 | |
Annual Revenue: | $4,877,879 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,922,810 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2012 | |
Employees: | 12 | |
BBN Listing #: | 938010 | |
Broker Reference #: | 022822-683655 |
Business Overview:
Profitable and Thriving Restoration Franchise Business
This highly scalable and profitable fire and water restoration franchise, engages in janitorial and disaster restoration services, specializing in remediation of fire, water, and mold damage. Established on the principles of prompt response and certified professional service, the company provides an extensive range of services including water damage restoration, fire damage restoration, carpet cleaning, and home reconstruction. Over the years, the firm has consistently grown, showcasing an upward trajectory with a reported revenue of $4,877,879 for the year 2023, up from $1,416,420 in 2019. With a full-time staff of 12 and no part-time employees, the business has systematized processes and documented strategies resulting in a self-sustaining entity. The current owner has expressed the intention to sell in pursuit of new ventures, confirming that the business is structured for a smooth transition to new ownership, ideal for an individual, strategic, or corporate buyer seeking an established operation with a consistent record of growth.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Monthly Rent: $4,500.00
Square Units (Foot, Meter): 28,000
Facilities: Our business operates within a robust infrastructure that includes an expansive 28,000 square foot warehouse and newly remodeled administration and executive offices comprising a corporate suite. The warehouse, constructed with durable concrete and block wall construction, offers a spacious and versatile environment to support various operational needs. The corporate suite, featuring modern renovations, serves as the administrative and executive hub, reflecting a commitment to providing a comfortable and efficient workspace. With ample square footage, the facilities are well-positioned to accommodate aggressive expansion plans, providing flexibility and scalability for future growth initiatives.
Market Competition and Expansion:
Expansion: Market expansion into owned, newly acquired franchise territorial regions throughout Northeast Ohio presents a significant growth opportunity for the new owner, facilitated by the robust Third-Party Administrator (TPA) program currently in place. With the support of the TPA program driving new business, the owner has the potential to scale up market growth aggressively.
This expansion strategy involves leveraging the established brand, operational playbook, and collaborative network with TPAs to replicate the success achieved in Youngstown across new geographic areas. The TPA program streamlines collaboration with insurance companies, enabling a smooth entry into diverse markets while capitalizing on the existing business model's proven effectiveness.
This approach not only allows for geographic diversification but also positions the business to tap into new customer bases, enhancing its overall market presence and contributing to sustained growth on a broader scale.
Reason for Selling:
Pursue New Opportunities
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
Documents:
Relevant Links:
- View more Ohio businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information