Listing Number: 41041-579750
This is a highly-profitable disaster (fire, water, storm, etc.) restoration business in Dallas-Fort Worth metro area.
This business has been providing restoration services to residential and commercial clients in the Dallas-Fort Worth region for the past 28 years. More than 99% of its business is conducted through major insurance companies, such as Allstate, State Farm, Farmers, Encompass, Nationwide, etc.
Larger, national-level restoration companies such as Dalworth, Belfor, Interstate, Cotton, etc. regularly subcontract their jobs to this company.
Due to fantastic customer service and workmanship of its employees, this company has been declared as one of the best restoration companies for Allstate in the previous 4 years.
The company and its professionally trained technicians are certified through the Institute of Inspection Cleaning and Restoration Certification (IICRC).
Due to great cash flow and profitability, a national bank has pre-qualified this business for SBA loan of up to $2.4M. The buyer needs to bring $580K down payment.
- Price: $2,900,000
- Down Payment: $296,000
- Sellers Discretionary Earnings: $787,500
- Total Sales: $1,729,514
- Location: Texas
- Inventory: $5,000
- FF&E: $390,000
- Employees: 11
- Reason for Selling: Purchase of a larger business
- Category: Cleaning