A 20 year old business in a much sought after industry. Water mitgation, reconstruction, and other services associated with disaster cleanup. Serving the Louisville/Jefferson County market with experience and customers satisfaction. The business is poised for major growth. With an extensive equipment package, numerous vehicles, customer list, and spacious facility; a new owner will have an abundance of assets to take this company to the next level. Due to loss of the marketing director and other internal personal issues, the business has experienced a decline. Still profitable and thriving. A new owner, with seller's smooth transition assistance, can quickly turn the company back to previous success.
Real Estate
$800kNot Included in Asking Price
Building Size: 7100 sq. ft.
Number of EmployeesFull-Time: 3
Reason Selling
Other interest
Facilities & Assets
A 7100 sq ft building located on approximately 1/2 acre fenced lot- M2-Idustrial zoning. The building is perfectly configured with beautiful lobby, private offices, open shared space, conference room, 3 baths, extensive storage, along with a spacious warehouse large enough for several vehicles and all equipment The gravel lot offes additional parking for vehicles, trailers, etc.
Market & Competition
The restoration industry remains stable with 2-3% growth expected for the next 4 years. The Ohio Valley region with it's frequent weather events ensures sustained growth over the long term. The primary competition is this market are the large franchise operations. However, they are typically higher cost and slower response time. This company's advantage is with all the major equipment they own, they have the ability to start several jobs without having to move equipment from job to job.
Growth Opportunities
There are several related restoration divisions that are a great add on for this business. And the asset base is such that very little , if any, investment would be required, only a marketing person. These include roofing, carpet cleaning, duct cleaning, expanding of water mitigation.
Asking Price$500k
Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.