Active
Houston Area Restoration Company with 35% SDE (4015)
Highly reputed restoration and remediation franchise, operating for nearly 10 years, specializes in water, mold, and fire damage restoration. The company has built a reputation for its expertise and responsiveness in addressing restoration needs within the local community. The franchise benefits from the parent company, including established marketing strategies, website services, and back-office support, which enhance its operational efficiency and growth potential.
Investment Highlights:
• Owns one of the largest franchise territories in Houston, significant untapped market without advertising program!
• 2023: $619k, $223k SDE with a 36% SDE margin.
• 2021 historical winter storm in Texas, causing severe damage, boosted revenue for that year.
• 2021 revenue indicates company can serve larger capacity with a push in sales effort. Ownership is currently operating under capacity.
• Secured valuable government and commercial contracts through the GSA.
• If the buyer is willing to travel outside of Texas, the federal contracts could bring in significant additional revenue.
• Multiple Growth Levels:
> Tapping into unclaimed franchise territories.
> Hiring sales staff to focus on client acquisition.
> Strategic partnerships.
> Expansion of Services:
- Offering continuing education training to insurance brokers.
- Increased efforts on non-disaster services.
Listed By: Michael Heller Chu
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Background information
Seller Number:
4015
Year established:
N/A
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$223,000
Profits:
$223,000
Profit type:
Discretionary Earnings
Operations
Employees:
4 nonunion.
Equipment:
N/A
Inventory:
N/A
Premises
Facility:
Leased.
Square footage:
N/A.
Opportunities
Market:
Referral Sources.
Price and terms
Price:
$750,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Standard acclimation period.