Insurance-Covered Property Reconstruction and Restoration, 36% SDE MARGIN – Has Accepted Offer
Price: $3,200,000
Annual Revenue: $3,200,000
Net Cash Flow: $1,150,000
Industry: Services, Restoration
Location: Georgia
This business has an accepted offer. Please view our other Services Companies for sale.
This company specializes in providing insurance-covered property restoration services, primarily focusing on reconstructing damage caused by water, fire, wind, and mold. The company also offers various clean-up-related services that contribute to a smaller portion of its revenue.
In 2023, the company generated $3.2 million in total income with an SDE margin of 36%.
This business operates independently of the owner and has established protocols, an operating model, and contracts within the industry.
The company operates in a steadily growing market, occupying a niche segment with evenly distributed competition. Most competitors are small businesses.
The reconstruction industry is projected to grow at a 6% CAGR, while the company can double the business in a short period by engaging more partnerships with Third-Party Administrators (TPAs) and expanding its clean-up service offerings.
Key Highlights:
- Dynamic operations: Serving over 30 locations.
- Strategic partnerships: Collaboration with TPAs can significantly boost revenue.
- Sales: The company contracts 80-90% of inbound project leads.
Listing Details
Reason For Sale:
The owner is seeking to retire and transition out of the business.
Training & Support:
The company is owned by four partners, with three of them (minority partners) actively involved in day-to-day operations. Three of the four partners are looking to stay with the company and remain employed. 100% of the ownership in the company is up for sale.
Summary
Potential Growth:
With a team of experienced professionals, high-quality contracts, and industry trends that indicate an increase in the company’s services, the company will certainly remain viable.
Growth opportunities also include:
- Increasing demand for green practices
- Technological advancements
- Climate change