$600,000 NET Full Service General Contractor for Insurance Companies
Asking Price: | $3,750,000 |
Gross Revenue: | $2,800,000 |
Established Year: | 2002 |
Cash Flow: | $600,000 |
FF&E: | $147,500 |
A Possible SBA-Approvable Opportunity for Purchase!!!
If you are looking for a home-based turn-key absentee-run with all the staff in place and contracts in place and not only working for Insurance Companies but also have a database of over 10,000 clients then look no further. This company specializing in Insurance Restoration. Structural repairs, Dry out / Water Mitigation, Contents, Flooring, Countertops, Cabinets, Plumbing, Environmental Testing, Mold remediation, Environmental Abatement, Odor Control. Preferred Vendor of 7 of the top 10 Property and Casualty Insurers and additional over 30 Insurance Carriers. No sales staff, all direct no compete with an 80-90% job sold rate. High sales yield opportunities from direct leads. Both owners act in a consultant's role and have not physically been to any customers property except may 1-2% of the jobs. 7 Vehicles(2013 Ford Explorer, 2019 Chevy Silverado, 2013 Chevy Silverado 1500 Long Bed, 2007 Chevrolet Silverado 1500 P/U, 2014 Dodge Cab, NV HD 1500, and another 2012 Dodge are included in the sale. The seller has multiple years of books and records and tax returns. The business was established in 2002, so it should have no problem going SBA if needed. Seller is also offering Seller Financing with $2,500,000 down and $1,250,000 amortized for 15 years with a 5 year balloon payment at 6.5%. Hurry up this field of businesses don't last especially with this track record and longevity. This should sell quick.
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