Listing Number: 0101-860208
Full disaster recovery firm. Expertise in fire and smoke damage restoration, contents restoration, mold remediation, property reconstruction and other related commercial and residential services. Nicely profitable - a trend which is continuing in 2021.
WATER: One of the most common forms of damage to both residential and commercial properties comes from water. Damage is caused by flooding, fire suppression, or burst pipes - busted hot water heaters, sink and tub overflow, toilet supply line breaks, washing machine overflow, or rain damage. The services extend to water extraction, structural drying, dehumidification, mold and environmental remediation, carpet, upholstery and area rug cleaning, document salvage, drying and reprocessing, electronics restoration, and structural repairs.
FIRE: Fire damage is one of the most traumatic disaster occurrences. Most fires leave a small portion of the home or business charred and destroyed, and a much larger portion damaged by soot, water and odor. We have the ability to quickly and efficiently restore fire damaged structures to their original pre-loss condition. The use of the most up-to-date techniques available ensures that soot and other damage won't become permanently embedded in the structure.
MOLD: We are a renowned leader in environmental remediation, including mold and asbestos abatement services. We employ the most up to date industry standards to safeguard building inhabitants, and return the affected environment to a healthy condition as quickly and safely as possible. Environmental services include mold remediation; sewage and biohazard cleanup and decontamination; deodorization and complete odor control; HVAC decontamination; and air duct cleaning.
The firm also offers supplemental services such as document restoration, furniture restoration, and general construction. Emergency services are provided 24 hours a day, 7 days a week, 365 days a year in Broward, Miami-Dade and Palm Beach counties.
The firm is operated by a general contractor. This enables the firm to take part in all areas of recovery, including the storage of possessions while they are in the process of repairing the premises.
Revenues are dominated by residential customers. The primary effect of the pandemic was to dry up the commercial sector since the office buildings were closed. This trend has started to reverse itself and more commercial revenues are expected this year.
Most of the work is at the referral of an insurance company. While some is generated by the individual customers, the longevity of the firm in the marketplace helps it gain assignments from the carriers. The firm is diligent in keeping good relations with the insurance industry.
The seller remains active and is willing to stay with the business to ensure a good transition.
- Price: $4,900,000
- Down Payment: $4,500,000
- Sellers Discretionary Earnings: $871,183
- Total Sales: $3,091,914
- Location: Broward County, Florida
- Inventory: $0
- FF&E: $405,671
- Employees: 13
- Year Established: 2002
- Reason for Selling: Retirement
- Category: Construction