Business Overview

Exciting opportunity to purchase a franchised restoration company, in a strong market, with a large established territory. Strong, long term relationships.

This is a recession/pandemic resistant needs based business. Regardless of our economic or health situation, restoration companies are needed for immediate response to water and fire damage.

Experience is not necessary to purchase this business. Franchisor provides training and support to operate the business.

Provide cleanup and restoration services to homes, businesses, property management companies. Services include water damage, mold, smoke, fire, odor etc.

Strong consistent earnings

Financial

  • Asking Price: $700,000
  • Cash Flow: $234,049
  • Gross Revenue: $852,175
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2009

Detailed Information

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

Space is leased with room for growth

Is Support & Training Included:

Seller will ensure appropriate training period.

Purpose For Selling:

Other interests

Additional Info

The company was started in 2009, making the business 13 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell businesses. However, the true factor and the one they tell you might be 2 completely different things. As an example, they may claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may just be reasons to attempt to hide the reality of altering demographics, increased competition, recent reduction in earnings, or an array of other factors. This is why it is extremely crucial that you not count absolutely on a seller's word, but instead, make use of the seller's response together with your total due diligence. This will paint a much more reasonable image of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses borrow money in order to cover points like supplies, payroll, accounts payable, etc. Remember that sometimes this can indicate that earnings margins are too thin. Numerous companies come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be met or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location bring in brand-new clients? Often times, businesses have repeat customers, which develop the core of their daily revenues. Specific elements such as brand-new competition sprouting up around the area, road building and construction, and staff turn over can influence repeat clients as well as negatively influence future incomes. One vital point to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business often, the higher the chance to develop a returning consumer base. A last thought is the basic location demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? How might the regional typical home earnings effect future earnings prospects?