Listing ID: 82430

Business Overview

For Sale: A well-established national brand that 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.

Financial

  • 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

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:8
  • 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:

Continual demand allows for long-term growth of this business.

Home Based:

This Business Is Home Based

Additional Info

The company was established in 2014, making the business 8 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell companies. Nevertheless, the real reason vs the one they tell you may be 2 completely different things. As an example, they might state "I have way too many other commitments" or "I am retiring". For many sellers, these reasons stand. However, for some, these may simply be justifications to try to hide the reality of changing demographics, increased competitors, recent decrease in incomes, or a variety of other reasons. This is why it is very essential that you not rely totally on a vendor's word, yet rather, use the seller's answer along with your total due diligence. This will paint a much more realistic picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of companies take out loans in order to cover points such as supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can imply that revenue margins are too tight. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations 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 vendors that should be fulfilled or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location bring in new consumers? Often times, companies have repeat customers, which create the core of their everyday profits. Particular variables such as new competition sprouting up around the area, road building and construction, and also personnel turnover can affect repeat consumers as well as adversely influence future revenues. One vital thing to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business often, the better the chance to build a returning consumer base. A last thought is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? How might the neighborhood mean family earnings effect future income potential?