Business For Sale

Restoration Franchise Resale-Gross Sales Exceeding

Not Disclosed, MD
Harford County

Harford County


Asking Price: Annual Revenue:
$1,100,000 $2,464,873

Services: Construction, Contractors


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RE: Restoration Franchise Resale-Gross Sales Exceeding Broker: Mark Carter

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $2,464,873
Net Profit: Not Disclosed
Cash Flow: $351,522
Total Debt: Not Disclosed
FF&E: $400,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 14
BBN Listing #: 66014955
Broker Reference #: 2403-14521

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Business Overview:

This is a well-established Franchise that specializes in 24 hour certified residential and commercial Water Damage Restoration, Fire Damage Restoration, Mold Remediation, Oil Spill and Vandalism Cleanup along with Residential Cleaning. The Franchise also specializes in pack out services as needed. They employ experts to quickly get your property back to its pre-loss condition as quickly and efficiently as possible. The Franchise has been owner operated for over 29 years and holds 2 Franchise agreements which cover Harford County, Baltimore County and Baltimore City. The business currently operates with 12 full-time and 2 part-time well trained and knowledgeable employees. Revenue for 2018 projects to exceed $2MM. Seller Discretionary Earnings have consistently topped $300,000. This Franchise is an excellent opportunity to own a well-established and profitable business that serves a large metropolitan region.

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Property Features and Assets:

The Franchise is currently located in a 10,000 sq. ft. facility split between office and warehouse space in a small industrial park in Harford County. The sale of this Franchise includes a fleet of vehicles used in the day to day operation of the business. Assets also include highly specialized equipment and storage containers, as well as office furniture. A state of the art equipment tracking system is also included in the sale. Total Assets: $400,000

Market Competition and Expansion:

There are 89 competitors in the market area. This Franchise ranks above the Industry average in both sales and revenues. With a full time marketing person in place this business has the potential to grow into the top 10 percentile of the industry in the market area. If the sales per employee were increased to the market level the new owner would realize in excess of $8,000 in owner earrings per employee. The new owner could also expand the carpet cleaning and janitorial services offered.

Reason for Selling:

Retirement.

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 a franchise resale opportunity.

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