MergerPlace

Restoration Service Company-SE Minnesota

Minnesota (Olmsted)


  • Asking Price: $455,000
  • Gross Income: $1,136,724
  • Cash Flow: $184,808
  • Real Estate: Not Disclosed
  • Inventory: $2,000
  • FF&E: $160,000
  • Listing ID: #218224
  • Established: 2013
  • Employees: 8

Business Description

Disaster restoration service company for sale in Southeast Minnesota. This business provides fire, smoke, water and mold restoration services. Currently situated in a prime location, with marketing efforts bringing in more and more business, this business is the premier provider of its services in its geographic location. Owner does not do any field work and focuses attention on matters within the office including cash management and strategic planning. With a solid, long-term foundation and substantial revenue growth over the past several years, this business is primed to be a great investment for the next owner. Offering competitive pay and benefits, this company has no problem attracting employees to get the work done. Employees include 7 FT and 1 PT workers that focus on conducting the operations of the business. Good fit as a bolt-on business to an existing construction contracting company, or for the person that wants to branch out on their own. Seller is willing to finance 10% of the purchase price with a well qualified buyer.


Business Details

Primary Business Category: Services - Other Services
Location: Minnesota
County: Olmsted

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $455,000
Gross Revenue: $1,136,724
Cash Flow: $184,808
FF&E: $160,000
Inventory: $2,000
Seller Financing Available: Yes

Property Information

Facilities:

Located in a leased 4800 sq ft building. Building has undergone significant modifications in the last year and is big enough to allow for plenty of expansion of the business. Half of the building is shop space, while the other half is office and meeting space. Strategically located in a high visibility area, the building will serve as a great base of operations for years to come.

Growth & expansion opportunities:

This company is currently growing at a great rate and is poised to grow even more. Options for expansion include focusing more on fire damage restoration, building on the already established property manager client list and expanding service lines to include duct cleaning and crime scene/trauma cleanup.

Competition:

This business sets itself apart from the competition by having a superior location, concentrating on marketing efforts and having a great online reputation. Currently the largest provider of its services in its market area. This company also provides faster service and better qualified technicians to help customers deal with their issues more quickly and efficiently than the competition.

Reason for selling:

Owner wishes to retire.

Support & Training:

Will train for 2 weeks @ no cost. No special licenses or certifications are required to run this business. Current owner focuses on customer relations, paying bills, making deposits, coordinating advertising and strategic planning. New owner will need to have good human resource and customer relation skills.

Contact Business Seller

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Business Listed By:

Jacob Petersen

Murphy Business Brokers