Fire and Flood Restoration Company


Asking Price: $1,050,000
slideshow image
 
 
  Aaron Muller
Phone: 425.274.2092
Email: info@ACBrokersInc.com
 

Listing Information

Address: , Puget Sound Area, WA,
Gross Income (last 12 months):
$2,342,182.00
Value of Furniture, Fixtures, and Equipment:
$202,508.00
Cash Flow (last 12 months):
$556,539.00
Included in Asking Price?:
Yes
Year Established:
2002
Value of Inventory:
$15,560.00
Number of full-time employees:
7
Included in Asking Price?:
No
Number of part-time employees:
1
Value of Property (if for sale also):
--
   
Included in Asking Price?:
No

Description


This is a well-established, recession-proof company that specializes in the restoration of residential houses after fire, water, storm damage, and other natural and manmade disasters. Unlike most construction companies that are likely to suffer during a recession, this remediation / restoration / reconstruction company has steady work no matter the economy. In fact, it grew during the Great Recession. The company has developed relationships with several insurance companies over the years, and has a steady supply of work from adjuster referrals. The company is paid by the insurance companies and has deep knowledge of the insurance system. The staffing consists of seven full-time employees and one part-time employee, including a project manager, assistant project manager, estimator, restoration technicians, and bookkeeper. The owner works full-time in the business. The owner’s role includes general management and quality control. He also spends time working in the field doing primarily, carpentry. The buyer will need a general contractor’s license to run this business. Construction knowledge would be beneficial. Due to family reasons, the owner is moving out of State. This is a rare opportunity to acquire a recession-proof business and grow it to the next level.

Facilities / Location


The company leases a commercial location in the Puget Sound area. Over $200,000 worth of equipment comes with the sale, including multiple vehicles.

Competition / Market Pros & Cons


This is one of the premier restoration companies in the Puget Sound area. The company is well-established and well-known for its quality work. It has deep working relationships with insurance companies.

Growth and Expansion Pros & Cons


The company has spent very little on marketing. A new owner with fresh energy could focus on marketing and grow this company to the next level.

Support / Training Available


Seller is willing to train. Details negotiable.

Reason for Selling


Moving out of State.

Any Financing Seller Will Provide?


Cash at closing. Broker can assist Buyer with obtaining bank financing.

Featured Listings

Buy or sell a business with confidence today.

Questions? We have the answers. 425.766.3940

Contact