Water Damage Restoration/Cleaning - REDUCED PRICE

Not Disclosed, CA
San Mateo County


Asking Price: Annual Revenue:
$125,000 $336,715

Services: Cleaning


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RE: Water Damage Restoration/Cleaning - REDUCED PRICE Broker: Marshall Pollock

Quick Facts

Asking Price: $125,000
Annual Revenue: $336,715
Net Profit: Not Disclosed
Cash Flow: $149,866
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 3
BBN Listing #: 478233008
Broker Reference #: 2401-477588

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Business Overview:

This Cleaning and Restoration Business was started 25 years ago as a Carpet Cleaning and Repair business. Owners purchased business in 2007 and developed and introduced additional services for hard surfaces (Stone, hardwood, tiles) cleaning and Indoor Air Quality (Air ducts cleaning, pet urine and smell treatment). Additionally, they introduced Water and Fire damage, Mold Remediation services Trained technicians and IICRC certifications for water and Fire damage services. These services are of higher value and profitability. Primary business area is from South San Francisco to Santa Clara. Centrally located for the business area served and easy highway access.

Over 25 years of satisfied residential and commercial clients. Assets include powerful industry approved Restoration equipment; Dehumidifiers, Air Movers, Negative Air machines, Hardwood floor, wall and ceiling drying specialty equipment. Powerful truck mounted and portable extractors. Specially formulated sanitizing agents for treating damaged areas with water or sewer. Fast response to all needs including insurance companies. Pricing software for all jobs. BBB A+ rated.

Owner does not do any direct work. Office manager is the key employee. Their responsibilities include daily scheduling, customer calls, interaction with insurance adjusters, providing estimates, creating invoices, payment receiving to accounting and banking.

General breakdown of services provided: Damage remediation - 50%, Cleaning services - 20%, Duct cleaning - 25%, Other services - 5%

Most of the business comes from established customers and their referrals and comes in via phone calls and some by e-mail. Typically, customers have preferred days and times, but are flexible.

The business operates in a 2,200 sq. ft., space with multiple tenants in a single-story business park. Total rent $3970 per month.


Revenue 2021 was $336,715 and SDE was $149,866. While 2020 was affected by Covid, business has returned to normal. Business PRICE REDUCED and MOTIVATED $125,000.

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Property Features and Assets:

Started in 1996 as a Carpet Cleaning and Repair business. Owners purchased business in 2007 and developed and introduced additional services for hard surfaces (Stone, hardwood, tiles) cleaning and Indoor Air Quality (Air ducts cleaning, pet urine and smell treatment). Additionally, they introduced Water and Fire damage, Mold Remediation services. Well positioned geographically. Personal service and great quality Expanded marketing and sales support will allow for very good growth potential.

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 not a franchise resale opportunity.

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