Established Restoration Company For Sale

Oregon

Asking Price:	$1,200,000
Gross Revenue:	$3,396,060
FF&E:	$348,250

Cash Flow:	$1,201,070
Inventory:	$20,717
Established Year:	2004

Listing ID: 2227469Listing provided by BizBuySell

BUSINESS DESCRIPTION

Well set for growth opportunities!

For over 20 years, the Company has provided cleaning and restoration services to homeowners and businesses in their local area. Their mission is to restore the areas to a pre-damage state providing customers with a cleaner and safer living and working space. The Company is insurance and emergency driven with 95% of the revenue coming from insurance claims. The Company has excellent working relationships with the insurance companies and works with many of the major companies. The Company has similar relationships with the local fire departments. The Company is available 24 hours a day and response time is usually less than an hour. There are no cyclical or seasonal factors. The Founders are active in the business. The technicians are professionally trained and certified. The company strives to use the most effective, non-toxic and environmentally-friendly products and equipment available.

DETAILED INFORMATION

Location

Relocatable

Inventory

Included in asking price

Real Estate

Leased

Building SF

3,300

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

Facilities consists of two warehouses, conveniently located, in a commercial area with 10 dedicated parking spaces and overflow parking. The administrative area is located in the slightly smaller building with the remainder of space used for storage of equipment & supplies. The 2nd warehouse is used as a work area and for storage.

Competition

The main competitors are larger contractors who do the same type of work in the local area. IBISWorld identifies effective quality control as a key success factor. Prospective clients are drawn to businesses with a reputation for having successfully completed prior damage restoration work, have close working relationships with people in the industry, have positive word-of-mouth recommendations, and follows through on job completion in a satisfactory manner.

Growth & Expansion

The Company is well set with growth opportunities for a Buyer who has the knowledge, ambition, energy and drive to grow the Company to the next level. A few potential customer base opportunities include insurance referral networks, contacting and developing relationships with local property management and becoming a vendor of products used in the business.

Financing

Lender pre-screened with $120K down.

Support & Training

Will train for 4 weeks @ $0 cost.

Reason for Selling

The owners plan to semi-retire.

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