Disaster / Damage Restoration

searcher profile

March 15, 2024

by a searcher in New York, NY, USA

My group is currently evaluating a couple potential opportunities in disaster/damage restoration. One is an independent business, another is a larger group of contiguous franchise territories that have been operating for 15+ years. Does anyone have experience operating in the space? Interesting how many businesses in the space are franchises. Thanks in advance!

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Reply by a searcher
from Biola University in North Tustin, CA, USA
Am also considering an acquisition in this space and would appreciate any feedback. Seems like many franchises available. Seems the trick may be getting enough TPAs (insurance companies) to cashflow and balance with contracts to HOAs, property mgt, large multifamily, multisite commercial etc. However, I don’t know what I don’t know so looking to fill some knowledge gaps.
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Reply by a searcher
from Vanderbilt University in New York, NY, USA
👉Check out this event in NYC dedicated to connecting searchers to franchising: https://lu.ma/search-franchising
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