MergerPlace

Est. Restoration Franchise in Miami

Florida (Miami-Dade)


  • Asking Price: $799,000
  • Gross Income: $1,467,000
  • Cash Flow: $700,887
  • Real Estate: Not Disclosed
  • Inventory: $12,000
  • FF&E: $150,000
  • Listing ID: #201432
  • Established: 2004
  • Employees: 11 FT

Business Description

Unique opportunity to acquire an extremely profitable, established franchise in prime territory of Miami! This well known award winning Restoration industry leader comes well equipped with expert techs, trucks, machinery and a superb reputation for a new owner to simply take over operations and continue the growth trend experience. Training from Corporate Headquarters along with local training from friendly seller will ensure smooth transition and success. Strong sales and profits continue in 2017, however, not to the same levels as 2016 as a large Insurance provider has been lost. However, 3 new other carriers have been recently added. Price reflects changes.


Business Details

Primary Business Category: Services - Waste Management & Remediation
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2004
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 11 FT

Financial Information

Asking Price: $799,000
Gross Revenue: $1,467,000
Cash Flow: $700,887
FF&E: $150,000
Inventory: $12,000
Seller Financing Available: No

Property Information

Facilities:

Office/Warehouse accommodates approximately 2500 sq. ft. of offices (2) and warehouse to store equipment, room for trucks to roll in and out. Commercial Strip plaza in South Miami.

Growth & expansion opportunities:

Furthering social media, additional relationships with insurance carriers (example Liberty Mutual just renounced relationship with large competitor), local marketer on the streets, referral appreciation programs (incentives) can all lead to continued growth.

Competition:

There is competition in this highly profitable industry. However, the marketplace for this service is quite vast. Competitors include Servpro, Servicemaster, along with some independents.

Reason for selling:

Seller motivated to return to law profession, practice International Law.

Support & Training:

Will train for 4 weeks @ no cost. Key skills required are customer service, administration and management. Corp. headquarters and seller will train.

Contact Business Seller

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Business Listed By:

Edwin Pena

Murphy Business Brokers