Insurance-covered Property Reconstruction and Restoration
Asking Price: | $3,200,000 |
Gross Revenue: | $3,200,000 |
Cash Flow: | $1,150,000 |
This company specializes in providing insurance-covered property restoration services, primarily focusing on reconstructing damage caused by water, fire, wind, and mold. The company also offers various clean-up-related services contributing to a smaller portion of its revenue.
In 2023, the company generated $3.2 million in total income with an SDE margin of 36%.
This business operates independently of the owner and has established protocols, an operating model, and contracts within the industry.
The company operates in a steadily growing market, occupying a niche segment with evenly distributed competition. Most competitors are small businesses.
The reconstruction industry is projected to grow at a 6% CAGR. At the same time, the company can double its business in a short period by engaging in more partnerships with Third-Party Administrators (TPAs) and expanding its clean-up service offerings.
Key Highlights:
• Dynamic operations: Serving over 30 locations.
• Strategic partnerships: Collaboration with TPAs can significantly boost revenue.
• Sales: The company contracts 80-90% of inbound project leads.