Asking Price: $300,000
Gross Revenue: $350,000
Cash Flow: $150,000
FF & E: $63,000
This is an opportunity to acquire a well-established and highly profitable mold remediation Company . THE SELLER WILL PROVE REVENUES AND EXPENSES TO ANY QUALIFIED POTENTIAL BUYER. THERE ARE NO INCOME STATEMENTS AVAILABLE. WE REALIZE THAT THIS OPPORTUNITY WILL NOT BE A GOOD FIT FOR MOST POTENTIAL BUYERS. IF YOU HAVE THE PATIENCE AND CAN DEVELOP THE TRUST IN THE SELLER THIS CAN BE DOLLAR FOR DOLLAR THE BEST OPPORTUNITY ON THE MARKET.
There are 2 well trained and highly competent employees in place. A new owner can obtain the necessary certifications and replace the current owner.
Previously revenues were significantly higher as the owner performed the build back construction services which are no longer offered, but could be added by the new owner.
There is one long- time client who accounts for approximately 40% of overall revenues. This client is aware of the sale and has no intention of moving his business.
The Company offers; mold remediation, crawlspace encapsulation, air quality testing, mold inspection, and demolition.
The business is on track to gross $350+K with $150+K SDE in 2020.