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Construction Business Mitigation and Restoration


This successful company is the market leader specializing in residential property damage claims including water, fire, hail, wind, smoke, fire, and mold. Services include Mitigation, Remediation, Restoration, and Remodels. Working with insurance companies this company returns a property to pre-loss condition.

  • ClassA/General Contractor's licenses
  • Outstanding reputation for customer care and quality
  • Multiple IICRC certifications
  • 24/7 Dispatch Call Center to handle Inbound/Outbound emergency calls
  • Robust lead generation and excellent referral networks in place
  • Recession resistant - Pandemic resistant
  • Strong pipeline of new business
  • Multiple Profit Centers
  • High margin
  • B2B and B2C business

Revenue: $1.7M

SDE: $250,000

FF&E: $600K at cost  well maintained

Real Property available for sale: 3300 sf office space 2700 sf warehouse space  Must see!

The target market has a few alternatives, none of which have the breadth of capability, or the reputation of this company.



Listed By: Michael Mitchell

Background information

Reference:

42421953-MM

Year established:

4/8/1988

Reason selling:

Retirement, pursue other opportunities

Finance

Sales:

$1,700,000

Profits:

$250,000

Profit type:

Discretionary Earnings

Operations

Employees:

10FT employees including the owner

Equipment:

$600K of inventory at owner's cost is included in the sale

Inventory:

negilgible

Premises

Facility:

Outstanding custom built building one bay with overhead roof to load equipment during wet weather.

Square footage:

3300 sf office space 2700 sf warehouse space

Rent and lease terms:

The real property is for sale ~825,000 Beautiful finished space, climate controlled, epoxy sealed floor. Covered Loading dock.

Location:

Located in the heart of the target market.

Opportunities

Growth:

significant growth potential

Market:

The target market has a few alternatives, none of which have the breadth of capability, or the reputation of this company.

Price and terms

Price:

$700,000

Financing:

a small amount of financing with collateral

Training:

The Seller will provide 6 weeks of training and orderly turnover to the new owner, at 30 hours per week. Additional training/consulting is available from the Seller, if required, for an additional fee. The owner is willing to enter into a consultancy agreement for up to one year after closing.