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16 Year Old Water, Fire, and Mold Damage Service

Los Angeles County, CA

Seller Financing Available

listing image
Asking Price:$2,900,000
Gross Revenue:$3,600,000
Rent:$4,000/Month
Established Year:2007
Cash Flow:$900,000
Inventory:$50,000
FF&E:$500,000
Listing ID: 2152252Listing provided by BizBuySell
BUSINESS DESCRIPTION

Business Description
33% growth in profitability between 2022 and 2023

***COPY & PASTE this link to your browser to access NDA, Buyer Registration, and instructions for next steps: https://docsend.com/view/teetqmkzpvtb28ci. If link doesn't work please email me and request NDA.

The company specializes in residential and commercial Fire, Water, and Mold removal and restoration in the Los Angeles area. In the past 4 years, the company has steadily grown into a sophisticated operation with a 12-person workforce generating roughly ~$3M in annual sales.

The business collaborates with owners, insurance companies, and managers to provide excellent service through our expertise in of Fire, Water and Mold remediation alongside building and construction services to restore the customer’s property to a pre-loss condition.

The company is part of a new and growing industry and has hit record sales and profitability in 2022 and is will exceed in 2023!

DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
29/02/2024
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Equipment count Air movers Aces 58 Cam pro 209 EAM 900 9 CMFV 900 55 Dehumidifiers R150 33 Drizair 2000 1 LGR 2800 1 Drymax BLE 32 Revolutions 613 3 Drymax XL 618 1 Air scrubbers 4 Extractors 6 Promaster 2023 Miles 100 Promaster 2021 Miles 21,732 Dually Ram 2012 Miles 131,648
Competition
Los Angeles is inherently a competitive market. You are not only competing with the competition, but also with other franchises as well.
Growth & Expansion
There is so much potential for growth of this new owner would like to relocate to a bigger location and I are on more employees.
Financing
5 year plan 10%
Support & Training
Owner is willing to stay on for 60 days training and will also be available by phone to answer any trade specific questions. Also, new owner will be required to go through all approval processes with our corporate office and will need to complete a three week training program, which is required of all new franchisees.
Reason for Selling
Owner would like to pursue another business.
Franchise
This business is an established franchise
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Antoine Moufarrege
Phone Number
Antoine Moufarrege
Call Phone