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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.