$25,000 Back in Working Capital at Close for Qualified Buyer
This franchise specializes in mold, water damage, and fire cleanup of textiles, electronics, and art. Founded in 2001, it has expanded with offices in the US, Canada, and the UK, becoming the first company to offer formalized restoration services for clothing and textiles affected by odor, smoke, soot, mildew, and water.
They work with policyholders, insurance representatives, and contractors. All business processes, referral networks, insurance company relationships, and a well-trained and qualified staff are in place. The protected territory covers a 11-county area across Central Florida. Headquartered in a large warehouse, with low rent, and contains office space, a production area, and storage space. The company has recently invested in new equipment, vehicles, and infrastructure to further advance growth opportunities.
The current owner, takes pride in the business being turn-key and will convery opportunities to grow the business further. He has grown the business sales year-over-year and will provide a familiarization period for an incoming buyer. This is an excellent opportunity to step into a well-established and profitable business with a solid foundation and significant growth potential.
Transaction Highlights for a Qualified Buyer:
✓Seller will assist with 5% of the buyer's cash injection
✓Net out-of-pocket cost is $57k for a qualified buyer
✓$25k of working capital back to buyer at closing
✓$400k in accounts receivable (AR) included
✓Net to purchase is $32k
