The Company offers water damage restoration services to several counties in Middle Tennessee. Services include structural drying, water removal, humidity control, content drying and cleaning, moisture detection, raw sewage cleanup, and mold remediation. With a well-known brand, an enticing exclusive territory, and high-quality equipment, this young company has nothing but good days ahead. The Company has an asking price of just $50,000 - a major discount to the equipment value ($130,000).
The Company was founded in 2017 by the owner of a national construction business. The owner originally intended to give the water damage restoration company to his sons, but construction business has picked up significantly and he now plans to have his sons take over that operation instead.
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The Company operates out of a leased 1,500 square foot facility with 18 months left remaining on the lease agreement.
Growth Opportunities Include: (1) Expand Service Offering: There are several services that the Company could offer that would significantly grow revenue. Fire and smoke services, for example, could triple volume! (2) Scalable Business Model: The Company offers a scalable business model with low overhead that can be grown easily to meet the owner’s goals. (3) Target Outreach: The Company could generate significant business by connecting with Building Owners and Mangers Association and insurance claims adjusters.
Investment Highlights include: (1) Well-Known and Respected Brand: The Company operates a brand that is highly respected in the water damage restoration industry. (2) Recession-Proof Business Model: No matter the economic cycle, water damage incidents happen. This helps the Company to generate steady income. (3) Significant Franchise Benefits: The Company is a member of a franchise that offers extensive support, training, and other benefits.
The owner has other business interests.
Ownership willing to provide reasonable and customary transition assistance.