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REDUCED!!! Recession-Proof Disaster Restoration Company!!

Scott County, IA

Disaster Restoration Company
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Asking Price: $550,000

Cash Flow: $175,000

Gross Revenue: $1,846,700

EBITDA: N/A

FF&E: $300,000

Inventory: $10,000

Real Estate: $550,000*

Established: 1996

*not included in asking price.

REDUCED!!! Recession-Proof Disaster Restoration Company!!

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Business Description

Lucrative Earnings, Recession Proof!

****JUST REDUCED FOR A QUICK SALE!!!!****

SBA PRE-APPROVED!!!

Rare opportunity to purchase a well established, highly successful and profitable disaster restoration company. With wild weather patterns predicted to continue over the coming years, the buyer can project increasing revenues year over year.
This business is a highly successful and profitable full-service restoration franchise. It has been a family run business dedicated to helping customers, both residential and commercial, minimize losses and salvage valuable assets after losses due to water, fire, wind, and hail. This business also touts many awards such as Franchise of the Year, Franchise of the Month, Top 10% of sales within the entire franchise network year after year.
After 23 years in business, the owners have decided to retire. Experience in the field is not needed. The owner is willing to stay on as needed for a successful transition. Many key positions are filled with long term employees. The owner's involvement is very minimal. Ongoing franchisor support will keep the business steered in the right direction.

Quad Cities IL and IA

Detailed Information

Location:
Scott County, IA
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
8,800
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
8800 Sq ft building which consists of 4000 sq ft office space, and 4800 sq ft warehouse with additional mezzanine storage. Specialized contents cleaning area.
Competition:
Most competitors are friendly competition. The restoration industry is evergreen and growing as natural disasters happen more frequently and are more and more destructive. Day to day mishaps keep the company busy. An estimated 14,000 people experience water damage in their homes or work EVERY DAY! 98% of basements in the US will suffer some type of water damage in their lifetime. These statistics mean, that almost every homeowner will need you at some point in their life!
Growth & Expansion:
Owned franchise area is massive with many untapped pockets for easy growth.
Support & Training:
Ongoing franchisor support
Reason for Selling:
Retiring
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Dana Jennings

Business Listed By:
Dana Jennings

BBDC

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Sponsoring Broker:
Toby Barker

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