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Fire, Water Damage, Asbestos, Mold, Restoration Cl for Sale in Denver Metro

Reference #: 40491108
Location: Denver Metro
Price: $1,000,000
Amount Down: $500,000
Revenues: $1,900,000
Discretionary Earnings: $1,160,000
Total Assets: $0
Business Description:

2008 was down over 2007, but the cash flow was still over $550,000. The business is solid. 2009 is picking up sharply in the past 3-4 months! The owner has taken great steps to improve the business model recently. We work for, commercial buildings, schools, office buildings, municipalities, industrial hygienists, residential, etc. They call us. We provide a service that must be done, and enjoy very low competition and high barriers to entry. New facility less than 1 mile from 2 main hways. It took years to find the location, find the best workers, buy the best equipment and establish a solid brand for trust. Our industry is thriving because we fix all forms of damage, people need it and insurance companies pay for it. We have very unique and proprietary systems and approaches to what we do vs. our competition. Solid balance sheet-$600K and no debts. WE HAVE NEVER WRITTEN OFF 1 DIME ON ACCTS REC! Never a complaint, excellent history of client satisfaction and perfect safety record. All employees in field and office are loyal and well paid/benefits etc. 12 vehicles all fully stocks and well maintained. Full inventory and assets to grow the business. New owner can make $2MM in 2009, CF $600K by just taking on more work. 2009 is already well contracted! No experience needed, but full motivation is. We are 75% commercial, 25% residential. We are high quality high service, and high margin. We have never advertised or marketed our services the work just comes to us. Not even in yellow pages. The new owner can get bigger, bonded jobs, can grow even faster, Seller been reluctant to do so. Seller wishes to stay on to help the business grow. Call broker for extensive assets lists, A/R reports, comprehensive financials. To get a SALES and FINANCIAL PACKET on this business CALL OUR OFFICE 303-382-1906 or Email paul@companybroker.com


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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.