Turnkey, Profitable Water & Fire Damage Restoration in the Triad

NC

Turnkey, Profitable Water & Fire Damage Restoration in the Triad
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Asking Price: $935,000

Cash Flow: $345,621

Gross Revenue: $1,522,237

EBITDA: N/A

FF&E: $120,625

Inventory: $8,900

Real Estate: $340,000*

Established: 2010

*not included in asking price.

Turnkey, Profitable Water & Fire Damage Restoration in the Triad

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Business Description

Steady, consistent revenue and profit!

Very profitable, turnkey restoration operation consistently generating over $1.5 million in revenue. The Company specializes in the clean-up and restoration of residential and commercial property after fire, smoke, water, or storm damage. Join one of the top ranked restoration franchise organizations in the country specializing in residential and commercial fire, water, mold and bio-hazard cleanup. Franchisor provides a well-developed franchise system that offers extensive training, marketing and on-going support. Purchase comes with full complement of equipment, vehicles, customer relationships, and existing and knowledgeable staff.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
5,880
Employees:
10 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well-suited and easily accessible facility is available for purchase for $340,000 or for a NNN Lease for $36,000/year. The Real Estate comprises an approximately 1 acre parcel and an approximately 5,880 square foot building (warehouse approximately 4,140 square feet and office space approximately 1,740 square feet).
Competition:
As in most markets, the Company's market has the normal competitors in the restoration space.
Growth & Expansion:
The company expects to grow another 5-10% this year based on strong demographics in their territory along with strong sales and marketing efforts and continued high referral rates from satisfied customers.
Financing:
Lender pre-screened with $467,500 down.
Support & Training:
Will train for 4 weeks @ $0 cost. Residential and commercial fire, water, mold and bio-hazard cleanup. Required licenses (Lead Restoration EPA, Industry Certifications in Water, Advanced Water (ASD), and Mold) can be obtained through the franchisor.
Reason for Selling:
Retiring.
Franchise:
This business is an established franchise
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Ron Buck

Business Listed By:
Ron Buck

Murphy Business & Financial Corporation

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