Emergency Response & Restoration w/Coveted Insurance Relationships

Seller Financing Available

This greater Dallas area emergency response and restoration firm specializes in water an fire damage, mold remediation and reconstruction. They work with insurance adjustors, homeowner associations, residential property managers as well as plumbing contractors. The full-service water damage restoration company mitigates, repairs and restores damage and mold associated with water and fire. They work with structural drying, dehumidifying and the demolition of impacted properties. As necessary, they also subcontract reconstruction that ranges from full build-back for interior damage, and exterior damage that includes roof repair and replacement. From a mold remediation perspective, the company is certified to perform full remediation protocol. They leverage advanced technologies and adheres to industry best practices to swiftly respond within 60 minutes to minimize damage and swiftly restore properties.

This burgeoning company works with 4 third party administrators (TPAs), which represent 75% of their new projects on a rotating basis. Homeowner’s Associations (HOAs) represent 10%, Residential Apartment Managers (RPMs) 0%, Plumber referrals (5%) and Yelp / Google represent 10% of their business. The historic mix has moved away from a TPA focus since May, with more emphasis on HOA and homeowners.

Note: the Gross revenues reflect a Jan - Jul 2024 annualized amount. The profits reflect where the seller anticiptes they will come it at year-end; an annualized figure would suggest a higher amount but the seller feels its overly aggressive.