For over 20 years, the Company has provided cleaning and restoration services to homeowners and businesses in their local area. Their mission is to restore the areas to a pre-damage state providing customers with a cleaner and safer living and working space. The Company is insurance and emergency driven with 95% of the revenue coming from insurance claims. The Company has excellent working relationships with the insurance companies and works with many of the major companies. The Company has similar relationships with the local fire departments. The Company is available 24 hours a day and response time is usually less than an hour. There are no cyclical or seasonal factors. The Founders are active in the business. The technicians are professionally trained and certified. The company strives to use the most effective, non-toxic and environmentally-friendly products and equipment available.
- Asking Price:
- $1,200,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,909,327
- Cash Flow:
- $392,807
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Facilities consists of two warehouses, conveniently located, in a commercial area with 10 dedicated parking spaces and overflow parking. The administrative area is located in the slightly smaller building with the remainder of space used for storage of equipment & supplies. The 2nd warehouse is used as a work area and for storage.
Business Operation
- Expansion Potential:
-
The Company is well set with growth opportunities for a Buyer who has the knowledge, ambition, energy and drive to grow the Company to the next level. A few potential customer base opportunities include insurance referral networks, contacting and developing relationships with local property management and becoming a vendor of products used in the business.
- Competition / Market:
-
The main competitors are larger contractors who do the same type of work in the local area. IBISWorld identifies effective quality control as a key success factor. Prospective clients are drawn to businesses with a reputation for having successfully completed prior damage restoration work, have close working relationships with people in the industry, have positive word-of-mouth recommendations, and follows through on job completion in a satisfactory manner.
- Reasons for selling:
-
The owners plan to semi-retire.
- Trading hours:
-
Monday-Friday 8am-4pm
- Employees:
- 13 FT
- Years established:
- 20
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $120K downl.
- Furniture / Fixtures value:
- $348,250 - included in the asking price
- Inventory / Stock value:
- $20,717 - included in the asking price
- Relocatable:
- This business can be relocated.
