The company, established in 1994, is a renowned fabric restoration business with a huge owned market territory servicing the Columbus, Cleveland, and Pittsburgh areas. It is recognized for its expert restoration services, catering to damages caused by fire, water, mold, and more. The business prides itself on its commitment to quality, sustainability, and superior customer service. Positioned in the competitive landscape with a unique specialization in fabric restoration, the company has demonstrated steady financial growth and holds a significant market presence.
- Asking Price:
- $3,500,000
- Sales Revenue:
- $3,562,058
- Cash Flow:
- $744,314
Property Information
- Premises Details:
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A standout in the disaster recovery industry, this fabric restoration business specializes in the restoration of fabrics affected by fire, smoke, water, or mold damage. Established in 1994, it has developed a strong reputation in Columbus, Cleveland, Akron, Canton and Pittsburgh areas, providing essential services for items including clothing, window coverings, and furniture.
With a focus on environmental sustainability, the business employs eco-friendly methods such as GreenEarth Cleaning, marking its commitment to eco-conscious practices. The diverse revenue model includes emergency response, fabric restoration, specialized cleaning, and storage services, catering to a broad clientele base in urgent need of post-disaster services.
With solid financials showing growth, and a strategic emphasis on customer satisfaction and green initiatives, the opportunity marks a lucrative investment for prospective buyers. The seller commits to a smooth transition with ample support to ensure the continuity and success under new ownership.
Business Operation
- Expansion Potential:
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Technological Advancements: Innovations in restoration technology, such as advanced cleaning and drying techniques, have improved service efficiency and outcomes. Businesses that invest in these technologies are better positioned to capitalize on the growing market demand.
Sustainability Trends: With increasing consumer awareness around environmental issues, there is a growing preference for sustainable restoration practices. Companies that emphasize eco-friendly methods and materials can attract a broader customer base and gain a competitive edge.
Economic Factors: Steady economic growth in Ohio and Pennsylvania supports ongoing investment in property and infrastructure, leading to a continuous need for restoration services. Additionally, insurance companies often cover restoration costs, making it a financially viable option for many customers.
- Competition / Market:
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The fabric restoration market in these regions is characterized by a mix of established players and emerging businesses, all competing to offer high-quality services. Companies that can distinguish themselves through superior customer service, advanced restoration techniques, and a commitment to sustainability tend to achieve significant market share.
- Reasons for selling:
-
retirement
- Years established:
- 1994
Other Information
- Support & training:
-
4 weeks
