Prosperous Restoration Business For Sale

Business Description

This well established and prosperous restoration business has been around for approximately 40 years. It is well operated completely turnkey operation. The business has an established market trading area and strong connections with key insurance referral partners. They are capable of handling asbestos removal, mould, fire & smoke, wind or flooding damage and complete rebuilds. They have a large well qualified team in place that is focused on delivering quality work and exceeding client expectations. The business has a substantial amount of repeat referral business which is a direct result of the company reputation and their brand name within the market.

The sale will include all equipment needed in the operation of the business (est MV $700,000) and working capital pegged at $1,000,000 (inventory + work in progress + receivables - payables). No real estate is included (leased). Annual sales figure listed is for the last fiscal year-end. EBITDA and SDE figures are a three year average. The business is listed for sale as a share sale transaction.

Details

Business ID: REGI0054
Business Category: Construction
Location: Manitoba, Western Canada

Status: New

Company Information

Year Established: 1980s
Franchise: No
Number of Employees: 24

Financial Information

Asking Price: $ 3,149,000
Gross Revenue: $ 4,022,361
SDE: $ 829,670
FF&E (included): $ 700,000
Inventory: $ 1,000,000
EBITDA: $ 704,670

Business Presented By
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