Listing Number: 0101-860208
Full disaster recovery firm. Expertise in fire, water, mold, reconstruction, and contents recovery. Nicely profitable - a trend which is continuing in 2021.
The firm is operated by a general contractor. The GC license 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 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.
Many firms claim proficiency at disaster cleanup and remediation. Please know that they are just claims. The truth is that this company brings the depth and breadth of experience to handle almost any job that is produced in South Florida. It takes a fully trained and equipped firm to go to the job site and immediately know what to do, and to deliver a complete job in good order to the job's originator. The other firms may be good in a one area, but can't come close in terms of scope and competency.
Founded in 1992, the business continues to be operated by one of its founders. The longevity of leadership has produced strong results with a good staff and three active project managers.
- 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: 1992
- Reason for Selling: Retirement
- Category: Construction