With over $400,000 in assets, this company serviced over 650 accounts last year and has an excellent reputation for getting the job done on time! This business specializes in water damage clean up, carpet cleaning, duct cleaning and mold remediation. The business serves residential and commercial clients and has a very strong repeat customer base. The staff of 9 is reliable, well-trained and fully certified; five employees are serviced-based while four are office staff. All cleaning and office equipment is up-to-date and in excellent condition.
The business is well-managed and profitable yet there are still many opportunities for growth. The company has nearly 20 years and a number of satisfied customers many of which are repeat customers. Services provided include water damage (more than 50%), are duct cleaning and mold removal. This is a turn-key operation with the sellers willing to provide training and support.
With a bank loan for 80% of the purchase price, a buyer would have a Net Operating Income of $153,609 in the first year. With a down payment of $75,000 (10% of purchase price) the ROI would be more than double for an incoming Buyer.
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