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- RE: Content Damage Restoration Company In Newport News
- Contact: Karen L
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $555,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $117,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2020 | |
| Employees: | 3 | |
| BBN Listing #: | 954379 | |
| Broker Reference #: | KLA-BKP3 |
Business Overview:
The sale price includes an extensive equipment package, everything needed to run daily operations. Average invoice in 2023 was $18,000.00. We receive referral business from property restoration companies inside the territory. Only a couple of employees to manage. This is a high margin, proven recession resistant residential, B2B and B2C company. We are owned by the world's largest property restoration company, which operates nearly 100 offices located throughout the US, and they don't do contents restoration. All that local business is referred to us. This business is great for someone with excellent executive management and project management skills. In addition, if you are a person that excels at bringing different parties together focused on completing projects this is a great fit for you. Contents restoration is covered by insurance. For an insurance company, it's much less expensive to clean and restore an item than it is to replace it. For a homeowner or property owner, they'd usually much rather have their item that has sentimental value. Included in this sale is extensive training as well as ongoing support. As the new owner, you will provide financial oversight, building relationships, and networking in the community. In addition, included in this sale, there are many existing insurance company relationships and restoration businesses providing reoccurring and ongoing revenue. This “essential” and needs based service business is highly scalable with continued growth potential.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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