Rainbow International (disaster recovery contracts) – 4 franchises in one sale!

  • Price: £80,000
Chester Le Street, Durham, England
Seller Ref:RF/RI-DFB1
For Sale

Rainbow International (disaster recovery contracts) – 4 franchises in one sale!

Chester Le Street, Durham, England
Seller Ref:RF/RI-DFB1
  • Price: £80,000

Description

Rainbow International is a franchise specialised in disaster recovery and cleaning services working with the insurance industry, public sector and healthcare, commercial and industrial customers as well as homeowners. They offer services after a flood, fire, escape of water or accidental damage incidents.

This is your chance to buy not 1 but 4 Rainbow franchise territories in the northeast of England. Each serving their community, helping people through difficult situations and making a good living in the process. Many insurance companies choose Rainbow International due to their slick operating model and highly trained experts. This is your chance to join this elite group!

The business in the north east includes a small commercial unit that is on a lease and comes with a range of tools & equipment. However the current owner tends to hire equipment on favourable terms for each job which keeps his costs low.

You will be responsible for managing the daily operations, ensuring a consistent quality of service, grow the business, recruit your team and train them. Again our client tends to hire people on a freelance basis depending on the needs of each job – so he keeps his costs to a minimum.

You would normally need £55,000 plus working capital if you bought a Rainbow International ‘off the shelf’. Each of these territories includes a generous 40,000 households but my client is selling all 4 of his Rainbow franchises for just £80,000. So that’s 160,000 households and these are going concerns, so you will earn revenue from day 1!

These are the territories you will own:

Territory 1: Durham
Territory 2: Sunderland
Territory 3: Chester-le-Street
Territory 4: Hexham & Morpeth

My client has undertaken so many different jobs which is one of the most appealing aspects of the work – it’s all about variety. Here’s selection…ultrasonic bath cleaning, tracing and access leak detection, organising specialist painting restoration to name a few.

Why is this business such good value you may ask? My client needs to take a step back and has a couple of knee operations planned for in 2024. All he seeks effectively is his original franchise fee for each of the 4 territories.

He has turned so much work away due to his health situation yet is still turning over approx. £200k in each of the last 3 years. Full books will be provided for serious buyers and no time wasters or cheeky offers please.

Maybe you know someone to team up with or else buy them all for yourself – our client is only interested in selling all 4 franchise territories as a single sale i.e. not individually. Its priced incredibly reasonably to get a deal over line and allow a new buyer to flourish.

Support and Training:
Full training will be provided to the new owner
Is this business relocatable:
No
Is this business home based:
Yes
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
https://www.rainbowrestoration.co.uk

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