Restoration - Remediation Company

Not Disclosed, Ontario

Ontario Canada

Asking Price: Annual Revenue:
$269,700 $347,177

Services: Cleaning

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RE: Restoration - Remediation Company Broker: Gordon Schofield

Quick Facts

Asking Price: $269,700
Annual Revenue: $347,177
Net Profit: Not Disclosed
Cash Flow: $147,871
Total Debt: Not Disclosed
FF&E: $42,785
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 61944955
Broker Reference #: 9105-16218

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Business Overview:

This is a successful growing remediation, restoration services franchise in South Central Ontario. The business provides a number of services listed below. It has achieved the highest customer satisfaction rankings and just completed its best year ever. Customers are roughly 85% residential and the balance are commercial clients. The business is being sold cash free and debt free. Vehicles and Equipment Assets are included in the sale.

The successful buyer will have access to training provided by the franchisor and the sellers will stay for an extended transition support period. The franchisor was founded over 40 years ago and is based in the USA. There are over 4500 franchisees in this system.

Services include Water Mitigation, Mould Remediation, Fire & Smoke Damage Repair, Trauma Scene Cleanup, Reconstruction, Carpet - Upholstery - Surface - Duct Cleaning, Odour Removal and Contents Management.

This business operates with an exemplary code of conduct with high standards of Respect, Integrity and Customer Focus all while Having Fun in the process.

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Property Features and Assets:

The business currently operates out of the owners' residential property so a new location will be needed by the purchaser. Rental charge allocations have been included in the latest FY2020 financial adjustments to reflect this. Assets: $86,709.

Market Competition and Expansion:

There are a small number of large competitors in this space. The customer satisfaction scores for this operation exceed all others. Significant potential for growth exists for a motivated high energy buyer in this very large geographic territory.

Reason for Selling:

Owners are Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is a franchise resale opportunity.

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