Remediation Company TBH612
| Asking Price: | $500,000 |
| Gross Revenue: | $462,079 |
| FF&E: | $45,000 |
| Cash Flow: | $302,950 |
| Rent: | $1,700/Month |
| Established Year: | 2018 |
Price Reduction - Founded in 2018, this acquisition opportunity is a local 24-hour emergency remediation company that specializes in biohazard restoration, drug lab testing and cleanup, mold remediation, hoarding cleanup, fire and smoke damage, water damage restoration, and disinfection services among others. As a second revenue stream, a large portion of revenues is derived from wholesaling destressed properties obtained through remediation clients (2023 = 52% of revenues; 2022 = 45%; 2021 = 26%; 2020 = 3%).
KEY COMPANY HIGHLIGHTS:
• Comprehensive - Disaster restoration by a non-franchise group allowing for greater flexibility in the scope of project and services performed to include wholesaling distressed properties.
• Ongoing Revenue Stream – The business has several property management companies and municipality contracts in place in metro-Atlanta for both inspection and remediation/repair.
• Service Area – Remediation core service area is Atlanta, Marietta, Canton, and Smyrna Georgia areas. However, they are not a franchise and do not have a specific territory restriction and can travel anywhere if the job/price is right.
• Owners – both owners operate the business and conduct estimates and perform all work. One or both owners are willing to stay on temporarily to ensure a smooth transition.
