MergerPlace

Existing Restoration Territory

North Carolina (Mecklenburg)


  • Asking Price: $195,000
  • Gross Income: $501,550
  • Cash Flow: $126,860
  • Real Estate: Not Disclosed
  • Inventory: $8,000
  • FF&E: $112,000
  • Listing ID: #212282
  • Established: 1999
  • Employees:

Business Description

Purchase a territory with over $500k of existing revenue for basically what it would cost to start one from scratch. Rare opportunity to join the top ranked franchise in one of the best markets in the country. Territory comes with existing name recognition and revenue producing relationships. Currently part of an adjacent operation, this territory is ready for its own owner in order to maximize the territory. The new buyer will be set up with a full equipment and products package, two vehicles, an existing customer base and relationships with insurance companies. Buyer can build staff and crews as desired. To get the Buyer started, Seller will lease a crew member for a month and buyer can send a tech and/or office staff to train with Seller. The population of this territory is over 103,000, which is 1.3x larger than a standard territory.

Join one of the top ranked restoration franchise organizations in the country specializing in residential and commercial fire, water, mold and bio-hazard cleanup. Franchisor provides a well-developed franchise system that offers extensive training, marketing and on-going support. Franchisor’s target revenue for this territory is over $1 million.

Financials shown are actual revenue generated in the territory. Since this territory was operated in conjunction with the neighboring territory, territory specific expenses are not available as the expenses were not tracked and allocated by territory or job. However, detailed expenses based on the Franchisor's model for operations of this size are used to show a representative expense and profit.


Business Details

Primary Business Category: Contractors - Special Trade
Location: North Carolina
County: Mecklenburg

Company Information

Year Established: 1999
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $195,000
Gross Revenue: $501,550
Cash Flow: $126,860
FF&E: $112,000
Inventory: $8,000
Seller Financing Available: No

Property Information

Facilities:

Can be located anywhere within the territory. Business will need a 3,000 to 6,000 square foot warehouse facility with a few offices in the front.

Growth & expansion opportunities:

Sales effort and ownership presence dedicated to this territory can significantly increase the sales, as well as the opportunity to add a storm team and/or participate in repair work.

Competition:

Licensed territory. You are the only franchisee that can solicit direct work in this territory per territory policy. All calls and internet searches from this territory are routed to you.

Reason for selling:

Territory was part of an adjacent operation but has grown in size and population to a point where it needs its own owner in order to maximize its growth potential.

Support & Training:

Will train for 2 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Ron Buck

Murphy Business Brokers