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Listed by:

David Fretty

Local, Content Damage Restoration Company - Providence For Sale

Providence, Rhode Island, US
Asking Price:
$299,900 Furniture / Fixtures included
Sales Revenue:
$1,600,000
Cash Flow:
$400,000

For Sale

The sale price includes a vehicle, an extensive equipment package, storage vaults and everything needed to run daily operations. Included are built-in National accounts and access to third-party insurance administrators. We also receive referral business from property restoration companies inside the territory. This is an extremely high margin, proven recession resistant residential, B2B and B2C company. Excellent profit margins with high earnings. The average per ticket transaction is large. 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.

Property Information

Real Estate:

Lease

Location:

Providence

Premises Details:

Includes FF&E. Contact for detailed information about this business.

Business Operation

Expansion Potential:

Continual demand allows for long-term growth of this business.

Competition / Market:

Highly regarded name in the industry.

Employees:
8 F/T
Years established:
2015

Other Information

Support & training:

Full training and support will be included.

Financing available:

Third party financing is available.