Profitable Water Damage Restoration Company with a Great Reputation

Denver, CO (Denver County)

Water Damage Services

Asking Price:$185,000

Cash Flow:$110,000

Gross Revenue:$320,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2012

Profitable Water Damage Restoration Company with a Great Reputation

Get Financing Save Print Share Valuation Report

Business Description

Company with a Great Reputation & Excellent Growth Opportunities

This growing and profitable restoration business in the Denver area has been in business for 5 years. The company is recognized nationally and has an outstanding reputation throughout the Denver Metro Area - Company is listed #1 locally on major business review websites.

This is a great opportunity to get into the recession-resistant remediation industry in one of the fastest going markets in the country. The company has a proven track record of providing expert water damage mitigation services to both residential and commercial customers, and maintains a superb reputation and relationship with numerous insurance carriers. The company has been a preferred vendor for a major insurance carrier for 2+ years and has been recently added to the preferred vendor list for 4 additional insurance companies. The parent company is also working to have the franchise added to several more preferred vendor lists.

.

Detailed Information

Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
4/30/2018
Employees:
2
Facilities:
Facilities: Great central location with easy access to all major areas of Denver. 1500 square foot facility with office and warehouse space. Rate $1,500 including Trash, Sewer, and Water Business has 3 operational trucks and enough drying equipment to handle up to 8 drying jobs at one time.
Competition:
There are both large & small businesses in the industry. A few large corporations, franchises with small to medium size offices, & many independents that range in size. Entering the market is difficult for new enterprises, as they need to establish relationships with leads sources & build a strong reputation with customers. Due to our company's outstanding ratings and reviews, jobs come more readily & at significantly lower marketing costs than typical companies. Also, 1 year in business is a prerequisite for consideration for preferred vendor lists
Growth & Expansion:
Numerous growth possibilities are available - the foremost opportunity is through preferred vendor lists for insurance companies. The company was recently accepted into an exclusive program to receive regular business through 4 major insurance providers. Other opportunities for growth and expansion include expanding to related services (i.e. carpet cleaning, fire restoration), developing more relationships with lead sources, and managing the restoration work after the water damage mitigation is complete.
Financing:
Multiple financing option are available
Support & Training:
Two weeks of training will be provided by the parent company. An additional two weeks of training will be provided onsite by the current owner. Additional support from the parent company can be provided on a continuous basis.
Reason for Selling:
Personal reasons have caused me to pursue other career opportunities
Franchise:
This business is an established franchise

Listing Statistics for Premium Members

Ad#:1311937 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Darren

Show Phone Number
Find out more...

Get more details about this business.


Similar Listings