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Franchise - Disaster Renovation - Well Known Co For Sale

El Paso, Texas (El Paso County)

Services - Other Business Services | Services - Other Miscellaneous services

Asking Price $300,000 Inventory  
Gross Income $478,000 Real Estate  
Cash Flow $115,000 Year Established 2004
FF&E $50,000* Employees 4

* included in the asking price

** not included in the asking price

This well known franchise was opened in the El Paso area in 2004. The company provides Disaster Restoration Services including emergency heavy cleaning and pack-out services for residential and commercial losses due to fire, water and smoke damage. Services rendered through insurance agents, adjusters and brokers include carpet/upholstery restoration, water extraction, dehumidification, odor removal, trauma/spill removal, and other related services. The overwhelming majority of the revenues come from insurance carriers and the franchise has established contracts from essentially all of the major carriers. The Company has four full time employees and utilizes the services of an employee leasing service for employees needed on specific jobs. Current owner has run the business absentee for the past 1 years. (Gross Sales and Cash Flow based on 2008 financial statements). This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. To find out more about this exciting opportunity, contact Tom Given @ 915-585-1900 or email given@libertyexchange.com. Contact Email: given@libertyexchange.com.

Facilities: The Company s office is located in a strip center. Approximately 800 sq. ft. @ $750/mo. Lease expires end of 2009, but obtaining an extension should not be a problem. It should be noted that the location of the leased space is not important to the business as the business travels to the customer site to perform the work. Customers do not visit the Company office.

Competition: There is only one other major competitor in the El Paso area. For this reason, the business appears to have significant growth potential.

Growth/Expansion: According to the owner, significant growth potential exists for this business. The owner has not been active in the business for the last 1 years, yet sales and profits have continued to increase. The owner believes that the buyer would accelerate the growth significantly by visiting with major insurance agents and insurance adjusters on a regular basis. This business would be an excellent investment for an entrepreneur wanting to be self-employed or a construction related company wishing to diversify its services.

Financing: SBA financing may be possible with 20% down

Support/Training: - Training to be provided by current owners for 2 weeks. In addition, continuing support and training will be provided by franchisor.

Reason Selling: Owner of the business is moving out of state.

Business For Sale By

Tom Given

915-585-1900

LibertyExchange.com Network Finders

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