Leading Water Damage Business in NJ! 30 years of Success!

Haledon, NJ (Passaic County)

Leading Water Damage Business in NJ! 30 years of Success!
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Asking Price: $285,000

Cash Flow: $154,914

Gross Revenue: $975,649

EBITDA: N/A

FF&E: $18,960

Inventory: $10,000

Established: 1990

Leading Water Damage Business in NJ! 30 years of Success!

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Business Description

Thriving, growing business looking for the right buyer to take it forward. 100% success rate with hundreds of positive references and excellent reviews. Perfect for masonry and general contractors along with skilled sales/operation experience. Don't miss this opportunity!

Detailed Information

Inventory:
Included in asking price
Employees:
13 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two buildings house the business and equipment. Buildings are available for sale separately priced at $500,000 and $250,000. A lease is also available with option to purchase the buildings for the right buyer.
Competition:
This is a mature market and industry so all competitors are established. This business has the best reviews of all the local companies in the region so they have the pick of jobs they want to take on. Excellent reputation with longevity-Plenty of work!
Growth & Expansion:
Primed for expansion! Potential for growth will come from Annual Maintenance Contracts, additional sales staff, radon and mold mitigation. Also can add more commercial accounts.
Support & Training:
Will train for 4 weeks @ $0 cost. The business specializes in residential and commercial waterproofing which consists of interior and exterior drainage systems, sump pump installations, excavation, driveway drains, injection and membrane waterproofing, structural repairs and mold remediation.
Reason for Selling:
Owner is retiring after 26 successful years in business.
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Daz Connell

Business Listed By:
Daz Connell

Murphy Business & Financial Corporation

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