Restoration Franchise for Sale

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Restoration Franchise for Sale

Business Description

Water, fire, mold and bio hazard services

We have been in the restoration business for over 12 years and have created a very good name for us in this industry and central Kentucky. The name of our franchise is Rainbow International Restoration of Lexington. We have a great staff that is dedicated to this industry and is looking foreword to seeing us continue to grow.
We do have several ways of getting our phones to ring to include several SLA's, Real estate brokers, insurance brokers, plumbers, property Managers and more.
I am 59 years old and am going into a different field of work after my exit from Rainbow International Restoration of Lexington.
I am happy to foreword you any pictures, sales records and P and L statements on request.
Please feel free to call me with any Questions.
Mike Cossette

About the Business

Year Established:
2006
Number of Employees:
8
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
5,000
Lease Rate/Sq. Ft./Mo.:
$1,100.00
Facilities:
I am renting a 5,000 SF warehouse to include 1,000 of office space included in the 5,000 SF. I am including all vehicles (6), drying equipment ( over 100 pieces), ladders, tools, (over 40 tools) office equipment to include computers, desks etc.
Website:
www.rainbowintl.com/lexingtonky
Market Outlook/
Competition:
This franchise is in the top 40 out of 325 Rainbows in the nation. Some of our competitors are Servpro, Service Master and Paul Davis Restoration.
Growth & Expansion:
Our sales have continued to grow about 7% per year for the last 5 years.
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About the Sale

Reason For Selling:
I will be moving into the much needed consulting side of this industry.
Training/Support:
Rainbow International has some of the top training instructors in the nation. All of our techs are water certified. some mold and asbestos certified. We follow the IICRC standard in water, fire and mold.

Listing Info

ID:
1394253
Ad Detail Views:
393
Asking Price:
$295,000

Gross Revenue:
$100,100,000
Cash Flow:
$78,000
EBITDA:
$185,000
Inventory:
$150,000
included in asking price

FF&E:
$40,000
included in asking price

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Business Listed by
Mike Cossette

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

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U.S. Community Survey Data for Jessamine County, KY
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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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