MergerPlace

Water & Fire Damage Restoration

North Carolina


  • Asking Price: $935,000
  • Gross Income: $1,522,237
  • Cash Flow: $345,621
  • Real Estate: Not Disclosed
  • Inventory: $8,900
  • FF&E: $120,625
  • Listing ID: #212541
  • Established: 2010
  • Employees: 10 FT / 2 PT

Business Description

Very profitable, turnkey restoration operation consistently generating over $1.5 million in revenue. The Company specializes in the clean-up and restoration of residential and commercial property after fire, smoke, water, or storm damage. 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. Purchase comes with full complement of equipment, vehicles, customer relationships, and existing and knowledgeable staff.


Business Details

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

Company Information

Year Established: 2010
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 10 FT / 2 PT

Financial Information

Asking Price: $935,000
Gross Revenue: $1,522,237
Cash Flow: $345,621
FF&E: $120,625
Inventory: $8,900
Seller Financing Available: Yes

Property Information

Facilities:

Well-suited and easily accessible facility is available for purchase for $340,000 or for a NNN Lease for $36,000/year. The Real Estate comprises an approximately 1 acre parcel and an approximately 5,880 square foot building (warehouse approximately 4,140 square feet and office space approximately 1,740 square feet).

Growth & expansion opportunities:

The company expects to grow another 5-10% this year based on strong demographics in their territory along with strong sales and marketing efforts and continued high referral rates from satisfied customers.

Competition:

As in most markets, the Company's market has the normal competitors in the restoration space.

Reason for selling:

Retiring.

Support & Training:

Will train for 4 weeks @ $0 cost. Residential and commercial fire, water, mold and bio-hazard cleanup. Required licenses (Lead Restoration EPA, Industry Certifications in Water, Advanced Water (ASD), and Mold) can be obtained through the franchisor.

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Business Listed By:

Ron Buck

Murphy Business Brokers