MergerPlace

Restoration - Remediation Company

Ontario


  • Asking Price: $299,000
  • Gross Income: $347,177
  • Cash Flow: $147,871
  • Real Estate: Not Disclosed
  • Inventory: $1,160
  • FF&E: $42,785
  • Listing ID: #226167
  • Established: 2015
  • Employees: 2 FT / 1PT

Business Description

This is a successful growing remediation, restoration services franchise in South Central Ontario. The business provides a number of services listed below. It has achieved the highest customer satisfaction rankings and just completed its best year ever. Customers are roughly 85% residential and the balance are commercial clients. The business is being sold cash free and debt free. Vehicles and Equipment Assets are included in the sale.

The successful buyer will have access to training provided by the franchisor and the sellers will stay for an extended transition support period. The franchisor was founded over 40 years ago and is based in the USA. There are over 4500 franchisees in this system.

Services include Water Mitigation, Mould Remediation, Fire & Smoke Damage Repair, Trauma Scene Cleanup, Reconstruction, Carpet - Upholstery - Surface - Duct Cleaning, Odour Removal and Contents Management.

This business operates with an exemplary code of conduct with high standards of Respect, Integrity and Customer Focus all while Having Fun in the process.


Business Details

Primary Business Category: Services - Other Services
Location: Ontario

Company Information

Year Established: 2015
Home Based: Yes
Franchise: Yes
Relocatable: Yes
Number of Employees: 2 FT / 1PT

Financial Information

Asking Price: $299,000
Gross Revenue: $347,177
Cash Flow: $147,871
FF&E: $42,785
Inventory: $1,160
Seller Financing Available: No

Property Information

Facilities:

The business currently operates out of the owners' residential property so a new location will be needed by the purchaser. Rental charge allocations have been included in the latest FY2020 financial adjustments to reflect this.

Growth & expansion opportunities:

Significant potential for growth exists for a motivated high energy buyer in this very large geographic territory.

Competition:

There are a small number of large competitors in this space. The customer satisfaction scores for this operation exceed all others.

Reason for selling:

Owners are Retiring.

Support & Training:

Will train for 12 weeks @ $0 cost. Some licensing is required to perform certain functions. The business has a full time contract employee that has some certifications.

Contact Business Seller

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Business Listed By:

Gordon Schofield

Murphy Business Brokers