S438 - Ind. Disaster Recovery

Independent Disaster Recovery Business in South Texas

Location

City South Texas
State TX
County

Financial Information

Asking Price 1,490,000 Show Loan Calculator
Down Payment
Annual Receipts $1,382,7000 ('15)
Cash Flow $524,868 ('15)

General Information

Description This independent Disaster Recovery Business has been helping both commercial and residential clients in the South Texas area for 10 years. They offer 24/7 emergency service. The business specializes in the cleanup and restoration after a fire, water, or smoke damage as an approved vendor for various insurance companies. The owner has established systems, crews, and equipment to maintain a stellar reputation in the market and is the go to company for insurance carriers in the area. This is a recession proof industry and with the seemingly increased issue of flooding in South Texas continued revenue stability is anticipated for the future. San Antonio is one of the fastest growing cities and there is a significant opportunity for growth via General Contracting. The owner has a team in place where he can comfortably work part time in the business and travels frequently for his other personal interests. The owner is selling due to a new personal commitment and so that a new owner can devote full time to the business to reach maximum potential. A meaningful non-compete and training period will be provided as part of the business transfer. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities.
Reason For Sale Other Personal Interests
Franchise No
Home Based No
Relocatable No
Year Established
Year Acquired
Employees 6 FT @ PT

Building Information

Building Sq. Footage 8,292 sq ft
Monthly Rent 9,000 /mo
Real Estate Available No

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