MergerPlace

Family Owned Mold Remediation

Michigan (Saginaw)


  • Asking Price: $1,000,000
  • Gross Income: $542,261
  • Cash Flow: $381,564
  • Real Estate: $200,000
  • Inventory: Not Disclosed
  • FF&E: $80,000
  • Listing ID: #212006
  • Established: 2000
  • Employees: 4

Business Description

Here is an opportunity to take Michigan’s premier mold remediation company to the next level. Serving a broad territory in Michigan since the early 2000’s. This is not a franchise! The business offers the best in mold removal and remediation services to both residential and commercial customers. They are the highest rated company for mold remediation in the state. On the top of their game with the service and quality to back it up. The business is 90% referral based! With an operational network in place providing consistent project flow. The owner is hands on with the consulting and bidding processes. He runs the day to day operations with part-time help in the office. This business has relationships established all over the state and could expand the business model if a new owner has the drive! With a strong true owner’s cash flow for 2018 of $381,564 on annual sales of $542,261, this business reflects amazing profit margins! The company strives for the best service available to each customer which shows by receiving top ratings from many satisfied customers and referral sources. A large referral network keeps the pipeline full and a stable business model because they know that each client will receive the best care. $80,000 of FF&E are included in the purchase along with buyer/ seller transition period to carefully transfer the knowledge and relationships in place. The seller owns the building where the business operates and is also for sale for an additional $200,000. This would be a great add on business that could be eligible for $0 down SBA funding. For more information, please contact Jonathan Swanson at 248-688-9080.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Michigan
County: Saginaw

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4

Financial Information

Asking Price: $1,000,000
Gross Revenue: $542,261
Cash Flow: $381,564
FF&E: $80,000
Real Estate: $200,000
Seller Financing Available: No

Property Information

Facilities:

2400 Sq ft building for office and storage- Commercial plaza. For sale for an additional $200,000

Growth & expansion opportunities:

There is room for expanding outside the the immediate market areas and adding staff to take on more projects!

Competition:

Competitive markets- Seller has built a source of transferable referrals and relationships

Reason for selling:

Semi-Retirement

Support & Training:

Yes- Support, transition, and training are included and negotiable!

Contact Business Seller

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Business Listed By:

Jonathan Swanson

Imperium Property Group