MergerPlace

Water Damage, Restoration

Tennessee


  • Asking Price: $2,225,000
  • Gross Income: $2,573,892
  • Cash Flow: $695,730
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $574,317
  • Listing ID: #201658
  • Established: 2003
  • Employees: 11 FT/3 PT

Business Description

With nearly 70 years of experience, this Brand is a market leader and one of North America’s leading cleaning and restoration companies. Located in the Middle Tennessee market, this independent franchise restoration business consistently upholds the high standards of the organization, promising to do the job right or do it over. Providing service for water damage, mold issues, or fire damage at both commercial and residential properties. Some AR included to provided working capital.


Business Details

Primary Business Category: Services - Waste Management & Remediation
Location: Tennessee

Company Information

Year Established: 2003
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 11 FT/3 PT

Financial Information

Asking Price: $2,225,000
Gross Revenue: $2,573,892
Cash Flow: $695,730
FF&E: $574,317
Inventory: $4,000
Seller Financing Available: No

Property Information

Facilities:

The company currently leases an office/warehouse with 10,900 square feet. Adequate on-site parking is also included.

Growth & expansion opportunities:

The geographic area that is a part of this franchisees territory continues to grow at a rapid rate. An increase in the number of homes and businesses translates into additional revenue opportunities when a catastrophe strikes.

Competition:

This is a highly competitive industry with several key companies that are after the same restoration opportunities. Major insurance companies do have a preferred list of vendors that they will refer jobs to, so this does favor the larger brand restoration companies. The barriers to entry are high, because having the right workforce, equipment, technology and network are costly.

Reason for selling:

Looking to pursue other interests.

Support & Training:

Will train for 2 weeks @ no cost. The company will be on site quickly and is available 24 hours per day, 7 days a week to restore property and peace of mind. The company has highly trained, and well equipped technicians that are on call, no mater the time of day. Providing service for: Fire Damage and Smoke Restoration; Water Damage Cleanup; Mold Damage Restoration

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Paul Gorny

Murphy Business Brokers