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Successful Southern Ontario Remediation Business For Sale

Not Disclosed, Ontario, Canada
Asking Price:
$1,000,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,535,364 (CAD)
Cash Flow:
$215,525 (CAD)

This is a successful residential remediation business in Southern Ontario. It is a highly regarded franchise with significant training and support systems. This is an Asset Sale so the new owner will set up new agreements for the insurance companies it is aligned with. The franchisor will assist with this process as needed. The purchaser will also need to be approved by the Franchisor as a condition of the purchase. The current owner is prepared to provide a meaningful VTB loan to a qualified buyer to facilitate the transaction.

The business is having a very strong 2022 based upon mid-year results. It expected to exceed $500,000 in normalized cash flow in 2022. This is based upon improvements to Gross Profit plus a 12% increase in revenue. The franchisor and the sector are also experiencing solid positive growth this year.

Property Information

Real Estate:

Lease

Premises Details:

The business currently operates out of an over-sized facility. The new owner will need to relocate within the geographic territory to a facility with a footprint more appropriate for the business.

Business Operation

Expansion Potential:

Significant potential for Growth exists in the region. The business is experiencing very solid performance in 2022.

Competition / Market:

A number of remediation firms exist under different brands in southern Ontario. This franchise has solid coverage in it's territory.

Reasons for selling:

Owner is Retiring.

Trading hours:

Monday-Sunday 24 Hrs.

Employees:
7 FT
Years established:
22

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$998,640 (CAD) - included in the asking price
Inventory / Stock value:
$8,670 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

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