Broker has been engaged to sell a very profitable property damage restoration company in Tennessee. Tennessee has a charming way of life with no state income tax attracts record numbers of people moving to there. The area where this company is located is known for its beauty and safety. This business has provided a full line of damage restoration solutions to a loyal and growing customer base since 2014.
The company's business consist of 30% water mitigation, fire mitigation 10%, mold mitigation 40%, bio-hazard mitigation 30%. Bio-hazard is up this year from 15% to 30% due to Covid. The company operates as a franchisee.
Goodwill of the company includes a very effective website, well organized customer database created by owner over many years. Franchise website and support is excellent.
In recent years work has taken place in several states, including Florida, Georgia, North Carolina, Tennessee and Louisiana
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