Established Restoration Company With Real Estate Included For Sale

Business description

Established in 1984, this restoration company specializes in full service fire, smoke, wind and water damage. They handle both residential & commercial business but concentrate heavily on fire damage and construction which is a high percentage of their revenue stream, being one of the few restoration companies in the area that have licensed builders on staff.

Another segment focuses on residential and commercial carpet / furniture cleaning, using the most innovative equipment and products available in the marketplace.

Owner operates out of a converted 3,000 s.f residential house, adding another 2,500 s.f. to the existing structure. Owner built an apartment in the basement of the house in which he and his son reside. He then built a lakefront home on the sunrise side of a mid-Michigan community, and bought another cabin in Boyne Country, where he spends a lot of time recreating. The aforementioned apartment could be utilized as a fully furnished rental, which would yield $2,500 per month from displaced home-owners. This same building rents space to a psychologist, who pays another $1,100 per month rent.

Two adjacent homes are similarly fully furnished and rented for $2,500 per month one is presently under an annual lease. The other is utilized on an as needed basis.

All of the aforementioned real property is included in the asking price.

Property information

Real Estate:

Real Property Included

Lease terms:

Included in sale price

Location:

5,500 sq. ft. building

Other information

Support & training:

Seller will provide training

Reasons for selling:

Relocation

Trading hours:

Monday-Friday 9-5; On Call 24/7

Financing available:

Seller & Bank Financing Candidate

Contact the seller