This ServPro business is located in a desirable area of the downstate region of New York. The ServPro Franchise is a leader in restoration services. Being a part of the franchise guarantees extensive corporate support and benefits such as equipment, software, and website. There is also corporate training and transition support. The business was established in 2005, has commercial and residential clients, and offers a range of services--including, but not limited to: water damage, mold damage, smoke damage, and construction/reconstruction (relatively new offering for ServPro). It is "recession resistant" because this is an essential business and will generate revenue regardless of the economy. The business is located in a large office - light industrial complex with modest rent, flexible terms, and ample parking. This is an opportunity for a buyer with management experience to acquire an established business with potential expansion of territory.
Large office/light industrial complex. 2000 Sqft of office space, 4000 sqft of warehouse, and 1100 sqft of storage space. Close to highway, located on major road and only minutes from two highways.
There are a number of competitors in this space, both franchised and privately held. But none have brand awareness and market share of ServPro.
There are many opportunities for the right buyer to grow this business: sales and marketing have been handled in various ways, but the business could benefit from hiring a sale/marketing executive that could focus solely on those aspects of the business. Since the construction services are a relatively new offering, these services could be highlighted in future marketing as well as awareness to the "essential-ness" of the business in a COVID environment.
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