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28 Year Old - Established Restoration Company For Sale

28 Year Old - Established Restoration Company For Sale

This Listing is Closed

28 Year Old - Established Restoration Company For Sale

Business Type: Cleaning / Water Damage/Restore


    • Listing# : 10118
    • Listed Price : $990,000
    • Total Sales : $1,305,453
    • SIC : 1799
    • Down Payment : $123,750
    • Status : Closed
    • Discretionary Earnings : $373,639

Business Type

Cleaning / Water Damage/Restore

Business Description

This profitable, non-franchised, cleaning and restoration service business has a 29 years history of strong client base sales and service, of which the Seller has owned for 7 years. Business revenue is 90% residential and 10% commercial clients. The Seller has over 340 unique referrals over the last two years and operates in the Raleigh, Cary, Wake Forest and Apex regions of North Carolina. The Seller routinely turns over operations to his two key employees so he can either vacation or conduct other business. Given the Seller's willingness to offer a note, $124,000 down from the Buyer buys this profitable business. The rest of the purchase price is supported by two (2) pre-qualified financing offers from two (2) different lenders.


Assets / Liabilities

    • Accounts Receivable: $112,318
    • Incl:No
    • Real Estate: $0
    • Incl:No
    • Inventory: $12,000
    • Incl: Yes
    • Liabilities: $0
    • Incl: No
    • FF&E: $141,284
    • Incl: Yes
    • Other: $0
    • Incl:No
    • Leasehold: $0
    • Incl: No
    • Total Assets: $153,284
    • Incl: Yes

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Assets / Liabilities

    • Accounts Receivable: $112,318
    • Incl:No
    • Real Estate: $0
    • Incl:No
    • Inventory: $12,000
    • Incl: Yes
    • Liabilities: $0
    • Incl: No
    • FF&E: $141,284
    • Incl: Yes
    • Other: $0
    • Incl:No
    • Leasehold: $0
    • Incl: No
    • Total Assets: $153,284
    • Incl: Yes

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