Listing Number: 022822-683655
Description
UNDER CONTRACT
Exclusively offered by Transworld Business Advisors of Cleveland Metro, Akron and Canton. This highly scalable and profitable fire and water restoration franchise, engages in janitorial and disaster restoration services, specializing in remediation of fire, water, and mold damage. Established on the principles of prompt response and certified professional service, the company provides an extensive range of services including water damage restoration, fire damage restoration, carpet cleaning, and home reconstruction. Over the years, the firm has consistently grown, showcasing an upward trajectory with a reported revenue of $5,009,441 for the year 2023, up from $1,416,420 in 2019. With a full-time staff of 12 and no part-time employees, the business has systematized processes and documented strategies resulting in a self-sustaining entity. The current owner has expressed the intention to sell in pursuit of new ventures, confirming that the business is structured for a smooth transition to new ownership, ideal for an individual, strategic, or corporate buyer seeking an established operation with a consistent record of growth.
Listing Details
- Price: $ 8,000,000
- Down Payment: $7,500,000
- Sellers Discretionary Earnings: $ 2,063,426
- Total Sales: $ 5,009,441
- Location: Ohio
- Inventory: $ 0
- FF&E: $ 1,211,064
- Employees: 12
- Year Established: 2012
- Reason for Selling: The founder has decided to sell the business to pursue new opportunities in different segments.
- Category: Cleaning
