Business Overview

This is a high margin, proven recession-proof B2B and B2C business model. Amazing opportunity in a breakout industry. Excellent profit margins and high consistent earnings. This is an executively run business for property damage primarily dealing with water, fire and mold removal, repair, remediation. As the new owner, you will oversee the financial management and, market building relationships and networks in the community. This needs-based service business is highly scalable with continued growth potential and has a working relationship with a multitude of insurance companies to help the speedy processing of claims for water damage losses.
The new owner will need to be able to leverage existing relationships with national and regional insurance companies and preferred vendors. Service premiums are pre-paid and substantial. Be part of a $210 billion dollar industry that will never slow down. With the impact of climate change becoming more prominent and weather-related disasters on the rise this business is well positioned in the market. Full training and ongoing corporate support are included.
Contact Ed for detailed information about this business.

Financial

  • Asking Price: $193,500
  • Cash Flow: $195,000
  • Gross Revenue: $1,080,310
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2006

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Contact for detailed information about this business. (Home Based)

Is Support & Training Included:

Full training and support will be included.

Pros and Cons:

Highly respected name in the industry.

Opportunities and Growth:

The demand continues to grow for this essential business.

Home Based:

This Business Is Home Based

Additional Info

The business was started in 2006, making the business 16 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell operating businesses. Nonetheless, the genuine reason vs the one they tell you may be 2 entirely different things. As an example, they may state "I have a lot of other obligations" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may just be reasons to attempt to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or an array of various other factors. This is why it is extremely vital that you not count entirely on a seller's word, yet rather, make use of the vendor's solution together with your total due diligence. This will repaint a much more reasonable image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous companies borrow money so as to cover points like supplies, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can imply that revenue margins are too tight. Numerous organisations come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that should be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in new customers? Many times, companies have repeat consumers, which form the core of their daily profits. Certain aspects such as brand-new competitors growing up around the area, roadway construction, and personnel turnover can influence repeat customers and also adversely impact future incomes. One vital point to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business often, the better the chance to build a returning client base. A last idea is the basic location demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Just how might the regional typical home income effect future revenue potential?