Established Restoration Business for Sale!

Ashland, KY
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Asking Price:$625,000
Gross Revenue:$1,506,000
Cash Flow:$269,000
Established Year:2017
BUSINESS DESCRIPTION

Profitable Business with Solid Staff and Client Base!

Great opportunity to purchase a fully staffed and profitable restoration services business in the Ohio River Valley area.

This is a needs-based /recession resistant business that offers a consistent stream of revenue by tapping into both residential and commercial opportunities. The full-service offering includes water damage restoration, mold removal & remediation, sewage removal, fire damage cleanup, moisture control services, and reconstruction services. In addition to the dedicated and loyal staff, the company has developed a variety of solid referral relationships over the past 6 years.


DETAILED INFORMATION
Location
Ashland, KY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,500
Employees
17
Facilities
2500 Sq. ft warehouse with 400 Sq. ft office
Competition
There are a few branded competitors in the Ohio River Valley market, some other smaller mom and pop operations. This business has differentiated itself with its dedicated and professional staff that is able to provide outstanding customer service and quality work. Online reviews are strong as well as the various referral relationships that have been built over the last 6 years.
Growth & Expansion
This business has enjoyed consistent growth over the years, especially in 2024. They traditionally focused on non-emergency, scheduled business lines (including mold removal, emergency water removal, air-duct and dryer-vent cleaning, coil cleaning). As they have grown, they have developed a full service offering that includes full reconstruction, roofing and asbestos removal. These are areas that a new owner can focus on growing in the near term. Another area for growth would be to improve the digital marketing strategy in order to increase lead flow.
Financing
SBA financing is an option, willing to discuss owner financing as well
Support & Training
Owner will be available for a pre determined length of time to transition the owner. - to be discussed
Reason for Selling
Personal/Family Reasons
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Ed
Dooley
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Ed Dooley