Texas Based Restoration Business

Listing Number: 76931-865531

Description

Houston, Texas-based restoration business. Specializes in emergency services, environmental, fire damage clean-up, contents packing, storing, and cleaning, and reconstruction. The company has been in business since 2010. Targets both residential and commercial projects. Revenue and adjusted EBITDA were respectively $13.07M and $2.67M in 2020, $20.09M and $4.88M in 2021, and $12.34M and $1.19M in 2022. Over this 3 year period (2020-2022), the average annual revenue was over $15M, with average adjusted EBITDA of over $2.9M. There are approximately 75 employees including a dedicated management team. Ownership is fully engaged.

The investment includes a 23,000-square-foot office and warehouse building. A 15,000 square-foot leased satellite warehouse location is also part of the existing operation. In addition, over 40 owned and leased vehicles are included in the sale. Transitional support will be provided to the new buyer.

Listing Details

• Price: $ 2
• Down Payment: $2
• Sellers Discretionary Earnings: $ 2,912,570
• Total Sales: $ 15,166,676
• Location: Harris County, Texas


• Inventory: $ 80,000
• FF&E: $ 2,500,000
• Employees: 95
• Year Established: 2010
• Reason for Selling: Retirement
• Category: Construction