SOLD - This well-established and prosperous restoration business has been around for approximately 40 years. It is well well-operated, complete turnkey operation. The business has an established market trading area and strong connections with key insurance referral partners. They are capable of handling asbestos removal, mould, fire and smoke, wind or flooding damage and complete rebuilds. They have a large well well-qualified team in place that is focused on delivering quality work and exceeding client expectations. The business has a substantial amount of repeat referral business, which is a direct result of the company's reputation and its brand name within the market.
The sale will include all equipment needed in the operation of the business (est MV $700,000) and working capital pegged at $1,000,000 (inventory + work in progress + receivables - payables). No real estate is included (leased). The annual sales figures listed are for the last fiscal year-end. EBITDA and SDE figures are a three-year average. The business is listed for sale as a share sale transaction.
