Restoration and Reconstruction Business
Cash Flow: | $650,000 |
EBITDA: | $550,000 |
Gross Revenue: | $1,700,000 |
The Company is a leading local restoration business that specializes in water and fire damage restoration, reconstruction, remodel, mold remediation, and traumatic event cleanup. The Company is dedicated to delivering high-quality restoration solutions that restore properties to their original condition with minimal disruption. Located in Nevada, the Company draws robust interest throughout the surrounding counties, providing comprehensive restoration services across these regions. Customers number over 3,000 and include plumbers, property managers, realtors, builders, insurance adjustors, and others who contribute to a high rate of repeat business.
Superior Name and Reputation — Founded nearly two decades ago, the Company enjoys a long-standing reputation for quality services and superior customer support. A reflection of the Company’s reputation within the region is its approximate 99% rate of repeat customers and referral business.
Extensive Customer Base — The Company serves a large and diverse customer base of 3,000+ plumbers, realtors, property managers, insurance adjusters, builders, and others. No single customer accounted for more than 1% of revenue during the historical period.
Strong Growth in Sales and Earnings — Historical sales have grown from $1,202,000 in 2021 to $1,665,000 in 2023, representing a compound annual growth rate of 17.7%. At the same time, adjusted EBITDA has increased as a percentage of sales from 17.9% in 2021 to 32.4% in 2023, reflecting the Company’s ability to efficiently control its costs while experiencing high growth.
Opportunities for Growth — While the current owners are pleased with the growth to date, there are several opportunities that new ownership could pursue to significantly increase sales. They include driving sales leads by expanding the Company’s digital footprint, opening new branches and partnering with contractors in adjacent regions, and offering subscription-based services for regular maintenance, such as sampling for asbestos, mold inspection, and air quality testing.