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San Diego County

  • Listing No.: 106-15154

  • Category: Franchise, Service

Asking Price $350,000
Down Payment $200,000
Gross Revenue $735,816
Total Adjusted Net Income $203,342
Equipment/Fixtures $150,000
Year Established 2007
General Location San Diego County
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image-for-Sean Seaman

Growing service based franchise with trained staff, repeat accounts, insurance contracts in place and over $200k in annual cash flow.  This business specializes in water damage restoration, mold removal, biohazard cleanup, and fire damage remediation. Seller states that this recession proof company receives nearly half of their business from recurring revenue via repeat accounts with property managers and insurance companies with the other half coming from referrals and inbound organic calls. 4 fully equipped and branded vehicles are included in the sale along with all required equipment including air movers, dehumidifiers, moisture meters and more. 2018 YTD revenue is up significantly over 2017, continuing their strong growth trend.  Owner is retiring and his main role at this point is administrative. This turn-key, scalable franchise opportunity will sell quickly.  Call now for more details.

Gross Revenue $735,816 Listed Price $350,000
Total Income $203,342 Down Payment $200,000
Base Rent $1,190 Square Feet 1400
Total Rent $1,592 Lease Expiration 5/2020
Rent Deposit $1,710 Lease Options
Inventory $5,000 Leasehold Improvements
Equipment/ Fixtures $150,000 Other Assets 4 branded vehicles, air movers, dehumidifiers, moisture meters, infra red scanners
Full-Time Employees 6 Training Period 2 weeks
Part-Time Employees 0 Special License Required Contractor's License
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.