Rare Opportunity Established Franchised Disaster Restoration Company

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TURN-KEY WELL-ESTABLISHED BUSINESS!!
Asking Price:
$650,000

Gross Revenue:
$1,846,700
Cash Flow:
$183,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$300,000
included in asking price

Real Estate:
$550,000
not included in asking price

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Business Description

Well established, highly successful and profitable disaster restoration company. With wild weather patterns predicted to continue over the coming years, the buyer can project increasing revenues year over year.
This business is a highly successful and profitable full-service restoration franchise. It has been a family run business dedicated to helping customers, both residential and commercial, minimize losses and salvage valuable assets after losses due to water, fire, wind, and hail. This business also touts many awards such as Franchise of the Year, Franchise of the Month, Top 10% of sales within the entire franchise network year after year.
After 23 years in business, the owners have decided to retire. Experience in the field is not needed. The owner is willing to stay on as needed for a successful transition. Many key positions are filled with long term employees. The owner's involvement is very minimal. Ongoing franchisor support will keep the business steered in the right direction.

Quad Cities IL and IA

About the Business

Year Established:
1996
Number of Employees:
16
Real Estate:
Owned
Building Sq. Ft.:
8,800
Facilities:
8800 Sq ft building which consists of 4000 sq ft office space, and 4800 sq ft warehouse with additional mezzanine storage. Specialized contents cleaning area.
Market Outlook/
Competition:
Most competitors are friendly competition. The restoration industry is evergreen and growing as natural disasters happen more frequently and are more and more destructive. Day to day mishaps keep the company busy. An estimated 14,000 people experience water damage in their homes or work EVERY DAY! 98% of basements in the US will suffer some type of water damage in their lifetime. These statistics mean, that almost every homeowner will need you at some point in their life!
Growth & Expansion:
Owned franchise area is massive with many untapped pockets for easy growth.
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Ongoing franchisor support

Listing Info

ID:
1625582
Ad Detail Views:
0

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Business Listed by

Dana Jennings

BBDC
License# 310001726

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Sponsoring Broker:

Toby Barker
BBDC

U.S. Census Data for Scott County, IA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Scott County, IA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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