Listing ID: 82140
This well-established national brand returns customers property back to normal after unexpected and unfortunate events requiring water mitigation and mold remediation. It is an amazing opportunity in a breakout industry. This is a high margin, proven recession-proof B2B and B2C business. Excellent profit margins and high earnings. The home-based business is executively run which keeps profit margins high. 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. We have pre-negotiated rates ensuring maximum profits, easy tech bids, easy customer pricing. We have a working relationship with many well-known insurance companies to help the speedy processing of claims for water damage losses. The new owner will need to have the ability to leverage existing relationships with national and regional insurance companies and preferred vendors. Service premiums are pre-paid and substantial. Full training and ongoing corporate support are included.
Contact Jeff for detailed information about this business.
- Asking Price: $599,900
- Cash Flow: $856,000
- Gross Revenue: $3,150,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2014
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
Contact for detailed information about this business. (Home Based)
Full training and support will be included.
Excellent name in the industry.
High demand allow for long-term growth of this business.
This Business Is Home Based
The business was started in 2014, making the business 8 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people resolve to sell operating businesses. However, the genuine factor and the one they tell you may be 2 entirely different things. As an example, they might say "I have way too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may simply be justifications to try to conceal the reality of transforming demographics, increased competitors, current reduction in revenues, or a range of other reasons. This is why it is very important that you not count absolutely on a vendor's word, but instead, utilize the seller's response together with your general due diligence. This will paint a much more practical picture of the business's present situation.
Existing Debts and Future Obligations
If the current business is in debt, which lots of 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 stock, payroll, accounts payable, etc. Bear in mind that occasionally this can imply that profit margins are too tight. Many organisations come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that must be met or may result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new clients? Many times, companies have repeat consumers, which create the core of their daily earnings. Specific elements such as brand-new competition sprouting up around the location, road building, and also personnel turn over can affect repeat customers as well as adversely affect future profits. One vital thing to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the better the possibility to build a returning consumer base. A last thought is the general location demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? How might the neighborhood typical house earnings effect future earnings prospects?