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Content Damage Restoration Business In Newport News For Sale

Newport News, Virginia, US
Asking Price:
$400,000 Furniture / Fixtures included
Sales Revenue:
$560,000
Cash Flow:
$117,000

The sale price includes an extensive equipment package, everything needed to run daily operations. Average invoice in 2023 was $18,000.00. We receive referral business from property restoration companies inside the territory. Only a couple of employees to manage. This is a high margin, proven recession resistant residential, B2B and B2C company. We are owned by the world's largest property restoration company, which operates nearly 100 offices located throughout the US, and they don't do contents restoration. All that local business is referred to us. This business is great for someone with excellent executive management and project management skills. In addition, if you are a person that excels at bringing different parties together focused on completing projects this is a great fit for you. Contents restoration is covered by insurance. For an insurance company, it's much less expensive to clean and restore an item than it is to replace it. For a homeowner or property owner, they'd usually much rather have their item that has sentimental value. Included in this sale is extensive training as well as ongoing support. As the new owner, you will provide financial oversight, building relationships, and networking in the community. In addition, included in this sale, there are many existing insurance company relationships and restoration businesses providing reoccurring and ongoing revenue. This “essential” and needs based service business is highly scalable with continued growth potential.

Business Operation

Employees:
3
Years established:
2021

Other Information

Support & training:

full training and ongoing support will be provided

Financing available:

3rd party