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Water Restoration and Reconstruction Business
Charlotte, NC

Asking Price: $195,000   Down Payment: $195,000  
Gross Revenue: $240,922   Adj. Cash Flow*: $15,057  
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Executive Summary
Rare resale opportunity below current franchise fee due to owner's health.  Established water restoration business in 5th fastest growing market in the country.  New franchisor parent company is largest name in the commercial restoration business and purchased this system to leverage their reputation in the residential market. Explosive housing starts combined with system growth plans combine for great opportunity.

Acquisition Highlights

  • Established business in growing market. Charlotte is the 5th fastest growing community in US. Attractive purchase price below current franchise fee. Chance to buy in at a discounted rate. “Have-to-have” service rather than “nice-to-have” service demand. When water damage occurs, homeowners can't wait. Mitigation and restoration have to be done.
  • Owner and one project manager for water restoration. Subcontractors for reconstruction work. Business is on call 24-7 but majority of work is performed during normal business hours.
  • A home insurance provider recently documented its growth in water damage claims showing 189% growth over the period 2004-2014 with 57% occurring in the last two years. Home contents and finishes are higher end and population growth stresses the municipal sewer systems. These conditions continue to escalate.
  • Territory is equivalent to three standard franchise territories and is offered below new franchise fees. Small office/warehouse is rented to store equipment and park vehicles. A full FF&E list is available to interested parties.
  • Training Information:  2-3
  • This business is a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2008 Inventory: $1,500 Included
Employees: 1 FT, 3 PT , 1 Mgrs Furniture, Fixtures & Equipment: $20,000 Included
Lease/Rent: $600 Real Estate:
    Total Assets Included in Sale: $21,500
* 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.


Contact:  Adam Petricoff
Phone:  (704) 360-8898
Fax:  (704) 272-4477
Other:  (704) 905-8658
VR Business Brokers - Charlotte, NC
9301 Monroe Road
Suite L
Charlotte, NC 28270
The above company and/or agent is a licensed real estate broker/and or a business broker.
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