Listing ID: 82432
For Sale: an exceptional business that always helps homeowners in crisis. We stand out because of our team’s commitment to always go above and beyond. It is a high net profit, Covid 19 – proof B2B and B2C business. 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: $184,900
- Cash Flow: $280,000
- Gross Revenue: $935,000
- 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 company was established in 2006, making the business 16 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell businesses. However, the true factor and the one they say to you might be 2 totally different things. For instance, they might say "I have way too many other obligations" or "I am retiring". For many sellers, these factors stand. However, for some, these might just be excuses to attempt to conceal the reality of altering demographics, increased competition, recent decrease in profits, or an array of other reasons. This is why it is extremely essential that you not count completely on a seller's word, yet instead, make use of the vendor's response together with your general due diligence. This will repaint an extra realistic picture of the business's current situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies borrow money with the purpose of covering points like supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can indicate that revenue margins are too small. Lots of businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that must be fulfilled or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new clients? Often times, companies have repeat clients, which develop the core of their everyday profits. Particular aspects such as brand-new competitors growing up around the area, road building, and also employee turn over can impact repeat customers and adversely influence future profits. One vital point to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the higher the possibility to develop a returning client base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood typical family income influence future earnings potential?