Longstanding Restoration Company
Let this fire, smoke, and water emergency restoration company feed the flame of your bank account!
Recession proof, well known, and trusted emergency response and restoration company.
In its 30 years of business, the company has built a tremendous reputation and is trusted and respected by major adjustors who continually seek out their services.
High profits, easy to operate, well connected to insurance companies and referral networks!
This longstanding emergency response and restoration service business operates with a high standard of quality and can handle all aspects of water, smoke, and fire damage restoration and clean up. There will always be a demand for disaster clean up, which means high income year-round!
Accounts receivables collected in as little as 14 days!
| PRICE: | $875,000 |
| REVENUE: | $800,360 |
| EBITDA: | $650,704 |
| LOCATION: | Delaware |
| INDUSTRY: | |
| LISTING #: | 6607 |
| LISTED BY: | Michelle Seiler Tucker |
| REVENUE: | $800,360 |
| EBITDA: | $650,704 |
| SELLER FINANCING: | Yes |
| PRICE: | $875,000 |
| DOWN PAYMENT: | Undisclosed |
| LENDER PREQUALIFIED: | Yes |
| YEARS IN BUSINESS: | 29 |
| INVENTORY: | Included in sale |
| ACCOUNTS RECEIVABLE: | |
| FF&E: | 345000 |
| REAL ESTATE PRICE: |
| REAL ESTATE INCLUDED: | No |
| FACILITIES: | |
| LEASE TERMS: | The current lease is for three years at approximately $1,700 due at the beginning of each month with no CAM charges. There will be one three-year option to renew at approximately $1,800 a month with no CAM charges. |
| IP: | Included in sale |
| REASON FOR SELLING: | The owner is retiring |
| TRAINING PERIOD: | The owner is willing to train for 6-8 weeks at no cost. |
| RELOCATABLE: | |
| NO OF LOCATIONS: | 1 |
| EMPLOYEES: | Number of employees: 7 |
| CONTRACT STAFF: | |
| MANAGEMENT TEAM: | |
| PARTNERS: |
If you are looking for an industry with plenty of potential growth to get into, the restoration business should be at the top of your list. Currently, the restoration industry is worth approximately $210 billion, and is expected to grow even more in the coming years. This is due to several reasons, including the increasing intensity of natural disasters, homes and infrastructure getting older in the United States, as well as wildfires and flooding occurring more often.
Besides natural disasters, one of the leading causes of rising demand is more presence of mold in homes. New and energy-efficient homes are more likely to experience mold because of the way they restrict airflow. Plus, we are more aware of mold in homes today than in years past.
Advanced technologies have made it easier to detect mold in homes and commercial properties. Therefore, there will be a greater demand for mold abatement and restoration professionals.
The environments in which professionals work are far safer for workers as well, due to an increase in standards and best practices.
Many believe the increase in natural disasters attributes to climate change, suggesting the need for restoration professionals will only continue to grow in the future. No matter what the cause of natural disasters is there will always be a need for qualified and hard-working restoration professionals.
Seiler Tucker Incorporated is America's Premier Merger & Acquisition Advisor. We are the expert business authorities in buying, selling, fixing and growing companies. We close 99% of all offers. We have thousands of buyers! Michelle Seiler Tucker is the Founder and CEO. She has sold over 500 businesses to date and currently owns and operated several successful businesses. Michelle continues to help buyers from all walks of life buy the American Dream, create financial freedom, be their own boss, and obtain a better quality of life.