Simple, non-emergency restoration and repair company focused on repairing damage done to drywall by service professionals like handymen, electricians, HVAC repair, plumbers, contractors, etc. This is an essential, recession-resistant business in the highest margin nice of the Repair and Restoration industry category.
Tremendous lifestyle business. Home-based / home office business. Owner performs estimates from home office and technicians do all the repair work. Most repair jobs are completed in one visit. Typical hours 8:00 am to 5:30 pm, no emergency calls, no holidays, no overnights. Cash business. Customers are consumer/residential and other businesses. Any structure with drywall is a potential customer.
Owner does not do the repair work. This is an executive model; owner does not perform the repair work but manages the business. Average job is $1,117 with typical 40% margins.
Other business highlights include:
- Exceptionally high profit margins – highest in Repair and Restoration space
- Few employees
- Low overhead
- No inventory to manage
- No receivables
- Home-based office – no lease payments or separate utilities