Eco-friendly Mold Remediation Business
Washtenaw County, MI
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Owner's Cash Flow
Min Down Payment
Mold remediation is the process of identifying and eliminating harmful mold growth. A single mold remediation project can take anywhere from 1-10 days and can fall within a homeowners insurance policy. Mold remediation requires certification, which allowed the owners to become the first-movers in what has become a lucrative business. Mold remediation often involves the usage of harmful chemicals, like bleach, ammonium compounds, and other toxic disinfectants to treat the two main elements of mold: the toxins and the mold spore. The owners recognized that these chemicals could be harmful, so they spent several months researching and testing alternatives. Over time, they developed a slate of mold remediation products that were highly effective and, most importantly, chemical-free. The business relies on dry ice blasting, which is the most advanced method of mold removal. With years of expertise, the business' employees have a deep understanding of how to effectively employ chemical-free alternatives to remove mold. Repeat customers and referrals from homeowners, doctors, general contractors, and real estate agents have allowed the business to eclipse $1.5M in annual sales. Additionally, the margins on a mold remediation job are substantial and the owners consistently see ~30% margins on EBITDA.
Owned will sell or lease
Reason for selling
The owners are retiring.
Support and training
The current owners are willing to stay on for up to a year in order to teach the buyer about the science of mold remediation and introduce the buyer to key stakeholders in the business. It's important to the current owners that the new owner understand and appreciate the health benefits that the business' services offer to customers, so they are willing to stay and provide hands-on training.