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National Water, Mold & Fire Restoration-Profitable,Turn-Key, Growth Opportunity
Nashville, TN
(Davidson County)
Asking Price: $359,000
Cash Flow: $199,301
Gross Revenue: $1,100,000
FF&E: $90,400
Inventory: $10,000
Rent: $1,350 per Month
Established: 2017
Business Description
New Listing December 2023
Turn-Key profitable business with franchisor support & growth!
This company owns the Middle TN franchise territory for one of the leading providers of mold removal, fire and water damage restoration, and cleanup for biohazards in the country. The business provides its services in Nashville-Davidson County and nine adjoining Middle TN counties. Excellent growth opportunity for adding construction and renovation trades work. Multiple company work vans are included in the equipment list and sale along with dozens of air-fan blowers, dehumidifiers, water extractors, and other related work equipment to accomplish the work. Additionally, work and revenues can be increased by adding service capacity through additional staff and equipment purchases. Work is sourced by the franchisor through their national call center, marketing, and contracted relationships with insurance companies. Project estimates and revenue tracking are provided by the franchisor. The company provides both commercial and residential services work. In addition to the national call center, the current business owner/operator also sources their own local work for the business. The staff are expected to remain with the company and are well trained in the provided services, allowing a new owner to learn along the way, through the franchisor-provided training. Equipment and Inventory values are deemed accurate but are estimates.
Detailed Information
Detailed Information
Location:
Nashville, TN
Inventory:
Included in asking price
Real Estate:
Leased Building
SF: 1,500Lease; Expiration:8/31/2027
Employees: 8
Furniture, Fixtures, & Equipment (FF&E): Included in asking price.
Facilities: The facility is a well-located office and warehouse building suitable for office work and equipment storage. Interstate access is nearby allowing for easy access to its customers and the counties served. Lease terms and options should be reviewed by the buyer.
Competition:
This is a recession-proof business as water, mold, and fire damage must be immediately addressed by the building owner and/or the insurance company that provided the coverage. The corporate franchisor has done an excellent job of cultivating and maintaining the insurance company relationships. While there is competition in the market, the national service providers seem to have an advantage due to the national insurance relationships.
Growth & Expansion: The business's revenues can be increased by adding more staff and service vehicles to serve the ample business directed their way by corporate and local needs called directly to them. Additionally, a new owner can add a construction service division for making repairs to the drywall, flooring, and building damaged by water, mold, and fire. Other remediation companies provide this additional profitable service.
Financing: The owner will provide some seller financing to a qualified buyer & acceptable terms.
Support & Training: A new owner does not have to have experience in the industry to be successful as the corporate franchisor provides training through their training program that has for decades provided thousands of hours of specialized training to create successful business owners.
Reason for Selling: The owner is relocating.
Franchise: This business is an established franchise.
Business Listed By:
TN Business Brokers Group, LLC
Broker: Jim Shaub--> direct: (615)788-1006
Email: Jim@TennBusinessBrokers.com