1027-13173 Restoration Services Company with Real Estate

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30135961
Property Subtypes: Business Services
Building Size (RSF): See Agent
Sale Price: $1,140,000
Year Business Established: 1992
Gross Revenue: $1,416,075 (Annual)
Cash Flow: $349,869 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Last Updated: 8/1/2017

Overview / Comments

Remediation and Restoration Service Business for sale in Florida with Real Estate. This is a non-franchised company with a longstanding history and valuable Third Party Agreements. The majority of work is insurance-related water damage restoration, fire & smoke damage repair, mold remediation, cleaning and painting. The real estate is available for purchase or lease. The business could also be relocated. More information is available for qualified buyers after a non-disclosure has been signed. Lender pre-qualified.

Additional Details

Industry Segment: Commercial Cleaning and Janitorial
Reason for Selling: The company owner is looking to retire within the next couple of years.
Value of Inventory Included ($): $5,000
Value of Furniture, Fixtures, and Equipment ($): $75,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $240,000
Real Estate Lease Description: The business is located in a stand alone building with 2,700 square feet of office and storage space. The property is owned by the seller and can be leased for $2,300 per month or purchased for $240,000. A buyer also has the option of moving the business to another location. The advertised price includes the real estate.
Employee/Labor Description: 2 FT. Varies.
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. Remediation experience is preferred and a General Contractor's license would be useful but not necessary. The Seller can be available for extended training.
Growth/Expansion Opportunities: Since the demand for the company's services outweighs it's ability to provide service, more revenue can easily be generated by adding a project supervisor and crew. No additional vehicles or equipment would need to be purchased to handle additional revenue. Complimentary services could also be marketed and added without the purchase of additional equipment. The company has large databases of existing and past customers which will be passed on to a buyer for marketing opportunities.
Seller Financing Description: $195K Down/ $90K for 36 mos. @ 7% / Other Financing.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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