Business Overview

Industry experience is not necessary! Step into this process driven, absentee owned business with a strong franchise backing. Longterm employees. Strong Franchise Support! Business is growing despite lack of owner involvement.

This business restores homes, businesses, and properties that have suffered from Water, Fire, Smoke, Mold etc. Franchisor offers training for new owners, as well as ongoing training and certifications.

Newly remodeled real estate is also available for purchase or lease.

Majority of revenue is driven from national accounts with the franchisor. Allowing for all other channels to be built upon. Heavily populated territory with very strong growth potential.

Please inquire thru listing site, and you will be sent an automated email requesting an NDA. As soon as the NDA is executed, you will be contacted with further details.

Financial

  • Asking Price: $529,000
  • Cash Flow: $167,000
  • Gross Revenue: $573,000
  • EBITDA: N/A
  • FF&E: $200,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2015

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:3,700
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Beautifully remodeled commercial condo (new roof, windows, flooring, paint, trim etc). Oversized for current operation to allow for growth.

Is Support & Training Included:

Owner will ensure a successful transition, as well as ongoing franchisor support

Purpose For Selling:

Owner would like to direct his focus to his primary business.

Additional Info

The business was founded in 2015, making the business 7 years old.

The company has 6 employees and is located in a building with estimated square footage of 3,700 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell operating businesses. Nonetheless, the genuine factor vs the one they say to you might be 2 completely different things. As an example, they might say "I have too many other obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these may simply be reasons to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in revenues, or a range of various other reasons. This is why it is extremely essential that you not count entirely on a vendor's word, however instead, use the vendor's solution combined with your total due diligence. This will paint a much more reasonable image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of businesses finance loans with the purpose of covering points like inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that earnings margins are too tight. Many businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that need to be satisfied or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location draw in brand-new customers? Most times, companies have repeat clients, which form the core of their daily earnings. Specific variables such as new competitors sprouting up around the location, roadway building and construction, and also employee turn over can affect repeat clients and also negatively influence future incomes. One vital thing to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business on a regular basis, the better the opportunity to build a returning client base. A last thought is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? How might the regional average household income effect future earnings potential?