17577-Fantastic Expandable Franchise Opportunity in Damage Restoration

CO

Seller Financing Available
17577-Fantastic Expandable Franchise Opportunity in Damage Restoration
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Asking Price: $598,000

Cash Flow: $154,890

Gross Revenue: $536,967

EBITDA: $105,621

FF&E: $180,000

Inventory: N/A

Established: 2010

17577-Fantastic Expandable Franchise Opportunity in Damage Restoration

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Business Description

The company is an exclusively franchised professional provider of high quality water/flood damage restoration, carpet cleaning, mold removal, sewage backup repair, emergency mitigation and fire/smoke disaster treatment. The territory is Colorado Springs and the southern metro Denver area. Marketing has primarily focused on the Colorado Springs with significant growth opportunity in Castle Rock, Parker, and Littleton areas as these areas are also within the franchise terrotory. They operate out of a 2,000 sq ft facility that has ample parking and substantial space for additional growth. Since being acquired in 2010, the company has had consistent growth due to a massive database network, which gives access to marketing products, sales channels and customer information. The client base consists of repeat regional residents who own homes, rental properties and businesses that are in need of the entire resources of the company. Their wide range of services is available on demand, 24/7. The company engages in a wide range of marketing approaches which include full time Business Relationship Manager, a website with SEO, PPC campaigns, social/print media and targeting individuals with contract-level agreements. In 2018, Revenue was $536,967 with SDE of $154,890. They are positioned for substantial ongoing growth due to the streamlined operation, experienced team, strong reputation and community relationships. Minimal capital infusion in requited to support the projected growth. This is based off of an independent valuation.

Detailed Information

Inventory:
Included in asking price
Employees:
7 nonunion
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
Up to 12 months
Reason for Selling:
Approaching retirement
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IAG Buyer Division

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IAG

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