Profitable Water Damage Restoration & Mold Remediation Business in Las Vegas

This listing presents a profitable water damage restoration and mold remediation business located in Las Vegas, NV. The business boasts an impressive referral network, with nearly all of its business originating from insurance agents. It operates with a high profit margin exceeding 70%, achieved by efficient single-person handling of most jobs and the strategic use of day laborers for larger projects. The company bills directly to insurance companies and includes existing contracts with all major insurance providers as part of the sale. This presents a unique opportunity to acquire a business with strong profit potential, established contracts, and ready referral sources. The owner is selling due to his wife's graduation from medical school and her new PA job. The business was established in 2016 and generated $106,650 in gross revenue with a Total Adjusted Net Income of $81,652.38. Equipment and fixtures are valued at $25,000. The business is home-based with no dedicated real estate or rent associated with its operations.