Mold Analysis/Diagnosis Firm for residential & commercial needs in FL

Daytona Beach, FL
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Asking Price:$800,000
Gross Revenue:$1,043,000
Cash Flow:$270,000
BUSINESS DESCRIPTION

Mold Diagnosis Firm covering North, Central and West Coast of Florida

This 5 year old company has locations on the east coast of Florida near Daytona and a second location near Tampa. The diagnose mold issues and offer treatment services with organic materials. Cost of goods is only about 20% of revenue before labor and is highly profitable. Jobs range from about $3,000 to $25,000 and typically take 2 to 3 days to complete. This business can easily be grown to other Florida markets and beyond. The owner will assist with a transition but is then looking to somewhat retire. He does not enjoy the management responsibilities in owning a business. A Buyer will likely need a large down payment in order to get into the business as it is unlikely to qualify for SBA loans but the owner will provide Buyers with full sets of books for review. Sales were $1.25 Million in 2022 and about $1.05 Million in 2023 as the owner did not spend as much time in the business recently. The owner states cash flow was approximately $330,000 in 2022 and about $270,000 in 2023.


DETAILED INFORMATION
Location
Daytona Beach, FL
Inventory
Not Included in asking price
Reason for Selling
Other Interests
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