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Listing ID: NV-3201

17-Year-Old SERVPRO Franchise, Located in Nevada, SBA Preapproved

Business Description:

The Cleanup & Restoration Specialists. This experienced franchise location is highly profitable, and is a turnkey operation with 13 employees (including managers), and an extra-large territory (not available to new start-ups) and includes all the Sellers vehicles, equipment and assets of this business. This business has been pre-approved for a SBA loan through Diamond Financial. Prior experience is not required as the Franchisor provides significant training prior to closing, and the Seller will provide an additional 2 weeks @ 20 hours per week of training after closing. Located in a fantastic, growing area, it is a perfect opportunity for a new owner to step right in and continue to grow this well-established business. SERVPRO is ranked #4 in the 2016 Franchise 500, and #1 in the Restoration Services Category by Entrepreneur Magazine. With over 1,700 franchises, national account agreements with major insurance carriers, a technology-enabled system for capturing revenue in storm events and an aggressive push into the commercial large loss market, it is poised to continue its impressive growth trajectory. Sound like a good fit? For more information or to receive the 35+ page summary of this business opportunity, contact Alan Horwitz at 702-714-0229 or lvbusinessbroker@gmail.com

Annual Revenue: $1,460,000
Listing Price: $799,000
Annual SDE (Cash Flow): $269,000
Listing Agent: Alan Horwitz 
FF & E: $700,000 
Inventory included in sale:Yes Inventory Value: $8,000
Established in1997 
Is this a franchise:Yes 
Reason for selling:Other business interests & retiring from industry 
SBA Financing Available:Yes 

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