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BUSINESS FOR SALE - PROFILE #  41420190

Water Restoration & Commercial Cleaning Company
Cincinnati

Asking Price: $479,000   Down Payment: $479,000  
Gross Revenue: $670,000   Adj. Cash Flow*: $165,000  
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Executive Summary
This is a 2011 award winning and independent (non franchised) company that has served Greater Cincinnati for 25 years.  It is an accredited company with the Better Business Bureau.  With sales of $670,000 in 2011 and owner earnings of $165,000, this is an outstanding company with a seasoned staff that has been extremely loyal through the years.  It includes over $150,000 in equipment and tooling necessary to operate the company in a professional manner.  The assets include 4 trucks, 70 high speed blowers plus 15 dehumidifiers, and much more.  They work out of a 6500 square foot facility located within the I 275 beltway which includes a 4200 square foot storage and processing center.  The services they provide are residential and commercial carpet and upholstery cleaning, water and fire damage restoration, tile and grout cleaning, blind cleaning, and oriental rug cleaning.  Among its very broad and blue chip client base (no one accounts for more than 6% of its sales revenue) are universities, insurance agencies, government agencies, commercial real estate companies, manufacturing companies, residential customers, and health care facilities.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Inventory: $3,000 Included
Furniture, Fixtures & Equipment: $150,000 Included
Real Estate:
    Total Assets Included in Sale: $153,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Daniel E. Long
Phone:  (513) 321-7666
Fax:  (513) 321-7668
E-mail:  dan@VRqueenCity.com
VR Business Brokers - Cincinnati, OH
4790 Red Bank Road
Suite 230
Cincinnati, OH 45227
www.vrqueencity.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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