Profitable and Growing SERVPRO Franchise in Northern Virginia

Broker
Richard Stopa

Company Overview

Listing Number
14631349
Industry
Service-Restoration
Title
SERVPRO Franchise in Densely Populated Territories
Listing Price
Not Disclosed
Year Established
1985
Revenue
$2,083,258
Cash Flow
$242,050
Inventory
Not Included
FF&E
Not Included
Employees
Training and Support

Seller willing to assist buyer with business transition if desired for up to 30 days at no additional cost. Franchisor will provide extensive training.

Reason for Sale

Owners wish to pursue other interests.

Business Details

This $2M independently owned and operated SERVPRO franchise has provided disaster mitigation and cleanup services for the benefit of insurance companies’ customers in a one of the most densely populated regions of Northern Virginia. Services include: water damage restorations, residential cleaning such as carpet, upholstery and drapery cleaning; commercial cleaning such as hard floor care, commercial carpets and janitorial services; restoration services such as fire damage restorations, deodorization, duct cleaning and mitigation of mold and mildew for homes and/or businesses. This suite of services can be marketed as a “turn-key” offering for clients that are looking for a one-stop type of service. Revenue mix includes homeowners, and multiple long term agreements with local, state, federal government, and commercial clients. Other material revenue sources include SERVPRO National Accounts (call center dispatched jobs), internet/search engine leads, word of mouth and jobs created by brand awareness. This business has a fully trained and developed staff of 15 total staff members covering each division of the business. The staff is fully trained in the benefits of following the SERVPRO business model. In addition, the franchisor provides comprehensive and on-going training to all franchise owners. In 2016, the SERVPRO franchise system was ranked #1 in the “Restoration Services” category and the #4 “Franchise Opportunity” overall by Entrepreneur Magazine.

Market Outlook/Competition: The SERVPRO system has developed strong relationships with national insurance companies that feeds the Company with jobs and has developed response programs that give them a competitive edge over their competition.

Growth & Expansion: The owner of the business has identified excellent avenues of growth that will be shared with the buyer at the appropriate time. The business also has excellent existing commercial and government contracts which a new owner can grow and profit from.

Location Details

Country
United States
State/County
Virginia
Location Detail

6000 sq. ft. of combined office and warehouse space.

Lease/Own
Lease
Relocatable
No
Operating Schedule
14631349
SERVPRO Franchise in Densely Populated Territories

Broker’s Comments