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Very Profitable Water Security Business

Florida, USA
Updated 13 hours ago

20-year-old remote concierge home service consulting and distribution business specializing in water damage prevention with resources to service all 50 states, performing property assessments to facilitate sales and installations of water damage prevention technology and IOT smart home devices specialized for leak detection, automatic water shutoff, and insurance water-loss prevention. Insurance companies, homeowners, HVAC companies, Plumbers and Electricians are primary partners and customers. A very well trained staff is in place working remotely for clients throughout the USA, with water damage risk mitigation solutions and the insurance industry as an integral part of comprehensive underwriting review and property risk management, to identify common causes of water damage, appropriate solutions and prevention, as well as working with builders, multi-residential and high-rise property managers and alarm companies to help choose products and customize installations to best fit their needs for complex and high end residential and commercial properties. Highly motivated Seller, will stay as an employee after the free training of 2 weeks. Inventory, receivables, a patent and the registered trademark are included in the total price with patent and trademark rights to be retained until payoff. Revenues decreased due to major insurance carrier customers sustaining and adjusting for heavy underwriting losses after several major hurricanes and wildfires affecting their targeted residential areas of coverage.

Employees

4

Home Based

This business can be run from home

Relocatable

This business can be relocated

Trading Hours

Monday-Friday 9am-6pm

Management Type

This business is owner operated.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Years Established

20

Support & Training

4 weeks of training included

Inventory / Stock Value

$40,000

Reason for Selling

Downsizing

Financials

Asking Price
$458K
RevenueMost Recent Year
$1.3M
Earnings (SDE)Last Reported
$179K
Assets Value
Undisclosed
Seller Financing
Subject to Negotiation

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