Business Broker Phoenixaz

Sold! – well-established restoration company for sale

PRICE: $1,625,000

INDUSTRY: CONSTRUCTION

LOCATION: PHOENIX

Listing description

The subject company is a full-service fire and water restoration company, skilled in both commercial and residential restoration. Services include 24/7 emergency services to complete reconstruction and everything in between. No matter the size and scope of a project this company has the advanced equipment, technical expertise, professionally trained and skilled technicians complete the job.

No one knows when disasters may strike, but when they do this company’s highly experienced and extremely well-trained staff jump into action, in this obvious highly recession resistant business. The Company has a long track record of providing expert services to numerous insurance carriers, including many of the nation’s leading firms.

The Company’s revenues are also highly diversified and evenly split (50/50) between residential and commercial restoration work. Further diversification also exists in client concentration where no customer represents more than 5% of their revenue in 2019.

This is a superb opportunity to acquire a well-established, industry leading, profitable non-franchise (no limits to territorial growth and no royalty fees to have to pay) and growing company operating in the strong Arizona market. Excellent for an individual entrepreneur, add-on acquisition for a strategic group seeking to improve market share or out-of-state restoration company looking to expand into a new market with a solid existing staff, customer and operations base.

This business has had consistent growth trends generating a three-year average adjusted net income of $395,000.

The asking price for this incredible opportunity is only $1,625,000. This price included all accounts receivable, works in progress and cash ($750,000+/-) at time of sale!

Listing details

Asking Price: $1,625,000

Gross Income: $4,850,976

Down Payment: $1,1625,000

Cash Flow: $274,021

Reason For Sale:Other business interest

Training & Support:The seller is willing to train, the time frame is negotiable

Operation

Days & Hours of Operation: Monday - Friday

Employees: 10+

Location

General Location: PHOENIX

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