Damage Restoration and Clean-up

| Asking Price: | $316,000 | Inventory: | $4,000 ** |
| Gross Revenue: | $359,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $131,500 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: A business-savvy buyer might double this in 2 years | |||
| Cash Flow Comments: 35% - incredible! | |||
Very profitable 7 year old fire, wind, water, etc. damage clean-up and restoration service, with an exclusive territory in the NW area of Ohio. This is a franchise re-sale. The franchise has a superb reputation in the industry. Services include: fire/smoke restoration; water removal and dehumidication; mold mitigation and remediation; catastrophic strom / flood response; move-outs and contents restoration; air duct and HVAC cleaning; biohazard, crime scene and vandalism clean-up; carpet, upholstery, drapery cleaning; deoderization and more. Not much in the way of local competition. The franchisor believes this to be an excellent territory for these services. It is renown for its excellent training and support.
About the Business
Year Established:2002
Employees:7 full time - 0 part time
Relocatable:Yes
Franchise:Yes
Facilities:Currently operates out of home, with barn/garage on land for storage and restoration work. Many of these businesses operate out of warehouse environments.
Market Outlook and Competition:Little competition exists inside the seller's territory. Unfortunately, he doesn't take advantage of hius opportunites - can be a better managed company - and so his competition comes in to his territory from nearly 50 miles away. That should never happen! This should be the 1,000 pound gorilla in its county!!!
About the Sale
Management Training and Support:Excellent training and ongoing support, including several weeks at franchisor's HQ.
Reason For Selling:Other interests.
Seller Financing:Will consider take-back financing, depending on terms of transaction, strength of buyer and of collateral.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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