Asking Price: $650,000 Gross Revenue: $1,846,700Cash Flow: $183,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: $300,000 included in asking priceReal Estate: $550,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Building Sq. Ft.:
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.
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.
Rare Opportunity Established Franchised Disaster Restoration Company
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. See our
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