Property Restoration Service Co condo multifam HOA


Property Restoration Service Co condo multifam HOA
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Asking Price: N/A

Cash Flow: $130,000

Gross Revenue: $600,000


FF&E: $32,000

Inventory: N/A

Established: 2006

Property Restoration Service Co condo multifam HOA

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Business Description

This acquisition opportunity is a general/disaster property restoration contractor serving condominium and multifamily associations. Services are broad and include fire and flood restoration, custom building, painting (interior and exterior), siding/brick/masonry work, asphalt & parking deck restoration/repair, structural repair (wood, vinyl, metal, steel, stucco, concrete), electrical & plumbing work, fencing, drainage repairs and so much more!
The business works for approximately 35-40 management companies that represent various homeowner, condominium, & multifamily associations. Many are repeat customers and most management companies use them for multiple properties.
Key company highlights:
• Comprehensive – General and Disaster restoration by a non-franchise group allowing for greater flexibility in the scope of project and services performed
• Financial growth opportunity – Immediate, tremendous opportunity to increase revenues by expanding current customer base through aggressive marketing; the business currently has no marketing plan and does very little advertising
• Service Area - Unrestricted area of service allowing owner to reach beyond defined and limited geographic areas

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facility – The owner recently sold the building where the business was operated and is now operating the company from a converted space in his home. This business is not location sensitive and could be operated anywhere. Only a small amount of office space is needed to operate the business as the owner and vice president do not work on a job site and only broker the jobs.
Thriving Business without any marketing and limited advertisement requiring minimum staff Clients have insurance monies or funded budgets for work to be performed Loyal following of property managers as customer base Few employees
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(from currently available funds)
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Jeffery E. Merry, Sr., MBA, J.D.

Business Listed By:
Jeffery Merry

The Business House Inc.

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Memberships & Certifications:
Indicates membership in The Georgia Association of Business Brokers (GABB).

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