Listing ID: 82141
This high net profit, Covid 19 – proof B2B and B2C business is for sale. This is an exceptional business that always helps homeowners in crisis, and we stand out because of our team’s commitment to always go above and beyond. Consistent, strong profit margins and high earnings. This is an executively run business for property damage primarily dealing with water, fire and mold removal, repair, and remediation. As the new owner, you will oversee the financial management, market building relationships and networking 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 $200+ billion-dollar industry that will always continue to grow larger. With the impact of climate change becoming more prominent and weather-related disasters on the rise this business is well positioned in this local market. Full training and ongoing corporate support are excellent and included with the sale.
Contact Ari for detailed information about this business.
- Asking Price: $184,500
- Cash Flow: $279,500
- Gross Revenue: $934,500
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2006
- 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
Contact for detailed information about this business. (Home Based)
Full training and support will be included.
Highly regarded name in the industry.
Continual demand allows for long-term growth of this business.
This Business Is Home Based
The venture was established in 2006, making the business 16 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell operating businesses. Nevertheless, the genuine reason vs the one they say to you may be 2 entirely different things. As an example, they might say "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may just be excuses to try to hide the reality of transforming demographics, increased competition, recent reduction in profits, or an array of other reasons. This is why it is really vital that you not rely entirely on a vendor's word, however rather, make use of the vendor's solution combined with your overall due diligence. This will paint an extra reasonable image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans with the purpose of covering items like inventory, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that profit margins are too tight. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that should be satisfied or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in brand-new clients? Many times, operating businesses have repeat customers, which create the core of their daily profits. Particular elements such as new competitors growing up around the area, road construction, and employee turnover can impact repeat customers and also negatively affect future revenues. One important point to think about is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business regularly, the greater the opportunity to develop a returning client base. A last idea is the general area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the regional mean house earnings effect future revenue prospects?