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Thriving Emergency Response & Restoration W/coveted Insurance Relationships Business In Dallas For Sale

Dallas, Texas, US
Asking Price:
$995,000 Furniture / Fixtures included
Sales Revenue:
$976,889
Cash Flow:
$330,000

This greater Dallas area emergency response and restoration firm specializes in water an fire damage, mold remediation and reconstruction. They work with insurance adjustors, homeowner associations, residential property managers as well as plumbing contractors. The full-service water damage restoration company mitigates, repairs and restores damage and mold associated with water and fire. They work with structural drying, dehumidifying and the demolition of impacted properties. As necessary, they also subcontract reconstruction that ranges from full build-back for interior damage, and exterior damage that includes roof repair and replacement. From a mold remediation perspective, the company is certified to perform full remediation protocol. They leverage advanced technologies and adheres to industry best practices to swiftly respond within 60 minutes to minimize damage and swiftly restore properties.

This burgeoning company works with 4 third party administrators (TPAs), which represent 75% of their new projects on a rotating basis. Homeowner’s Associations (HOAs) represent 10%, Residential Apartment Managers (RPMs) 0%, Plumber referrals (5%) and Yelp / Google represent 10% of their business. The historic mix has moved away from a TPA focus since May, with more emphasis on HOA and homeowners.

Property Information

Real Estate:

Lease

Premises Details:

The company operates out of a 1,380 square foot office warehouse that leases for $1,624 per month including common area maintenance (CAM) on a lease that expires on 4/1/25. The business, which employees 3 full-time and 2 part-time staffers, has 2 vans and a sales vehicle. The vehicles may be paid off or the leases may be assumed. All of the company’s furniture, fixtures, equipment and goodwill will be included.

Size in square feet:
1,380

Business Operation

Expansion Potential:

The company is positioned itself to continue to add insurance providers, whose key referrals will continue to grow in size and scope as the company’s performance continues to instill confidence. The firm’s sales and business development efforts will focus on homeowner’s associations and residential apartment managers that result in profitable, direct to client relationships.

Competition / Market:

Although restoration and remediation occurs in a competitive marketplace, this company has developed 4 key third party administrator agreements with insurance providers that have helped it to achieve remarkable growth thus far and projected into the future. To diversify their client base with growth, they have entered into partnership agreements with 3 large HOA high rise and condo property management groups.

Reasons for selling:

Personal

Employees:
5
Years established:
2022

Other Information

Support & training:

Seller will train for 2 weeks at 20hrs/week or as negotiated.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$200k SBA loan may potentially be assumed

Furniture / Fixtures value:
$50,000 - included in the asking price