This business is located in Western New York, and in close proximity to a major metropolitan area. ServPro is the most trusted franchise in its industry. This business serves commercial and residential aclients like, offering services such as restoration, cleaning, remediation, and construction/reconstruction -- the last of which is a relatively new offering for ServPro. The business is on call for emergency services and scheduled appointments. This business serves multiple markets and receives invaluable corporate support. ServPro provides its businesses with benefits such as an equipment package, software, and top-notch website. The owner has built a wonderful reputation in their market and further instilled their reputation as a leader in the restoration industry.
The business occupies approximately 1000 SF of office space and 1600 SF of warehouse storage. It is located on a busy road with high visibility and is near two major highways providing easy access to the surrounding areas.
While the services this business provides are somewhat of a niche there are still plenty of competitors who provide some of the same services. But when it comes to integrated services, and strength of operations, brand awareness or market share this is how and where ServPro distinguishes itself.
While the Seller has built a solid business they are at a stage in their life where growth is not a focus. The new owner could use any one a number of business development tactics to grow the business. In fact, by their own admission which can be confirmed through ServPro at the corporate level, the upside potential in this area is significant. In addition, because the construction services are relatively new, highlighting it in future marketing could bring in more revenue since customers tend to have a strong preference for companies that can remediate AND rebuild. Future marketing could also heighten the awareness to the "essential-ness" of the business during the COVID climate. The buyer could also consider adding board-up, asbestos and mold remediation solutions.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.