Recession Resistant Service

This restoration business has no shortage of demand! Claims adjusters from insurance companies call upon the business to perform repair and installation work after disasters strike a home. The insurance driven business makes the company recession resistant with 2020 revenue increasing approximately 9% despite the pandemic. Growth hasn’t slowed with 2021 seeing another 14% revenue increase. Excellent infrastructure in place led by a general manager, multiple supervisors, estimators, and a team of technicians that handle the day to day work. Location: Oakland, California Year Established: 1993 Number of Employees: 19 Real Estate: Leased Building Sq. Ft.: 7,000 Rent: $11,505.00 Per Month Lease Expiration: 3/31/2025 Facilities: The business has two locations. Both locations are a combination of office and warehouse/workshop space. Location 1 is the legacy location in Alameda County of approximately 7,000 square feet. The second location is approximately 6,150 square feet in Sacramento. Market Outlook/ Competition: Demand is driven by insurance claims. The business has a large network of claims adjusters from insurance companies who regularly drive business to the company. Growth & Expansion: A second location was opened in early 2020. That location is now turning the corner to profitability and is set up to have high incremental margins going.