Insurance Restoration & Remodeling Business/ Profitable & Growing
Location: Virginia > Suffolk city County > Hampton Roads (Southside)
Industry: Building and Const. Services > Other Services
Financials
Asking Price: $325,000
Gross Revenue: $750,000
Gross Revenue Comments: trending up
Cash Flow: $120,000
Cash Flow Comments: trending up
Inventory: $5,000 (Included in Asking Price)
FF&E: $65,000 (Included in Asking Price)
Seller Financing: Negotiable
Business Summary
This very busy and solidly trending up insurance restoration and remodeling business has it all. It is gaining market share every year. It has continually increased revenues and cash flow which are strong and provable. It is dealing in and established and very profitable area of construction that is growing and not dependent on the economy; and is very much ripe for continued growth. 50% of the company's work is for insurance companies, and it appears that is about to grow significantly. The sale comes with a lot of trucks and equipment and an established clientele. Also, the seller would consider working for the new owner part time. This turn key operation is an excellent deal for a mechanical and/or construction oriented buyer.
About the Business
Year Established: 1998
Employees: 7 full time - 1 part time
Facilities: 2,500 sq. ft. freestanding building that rents for $2,000/month.
Market Outlook and Competition: The business has a lot of potential to see continued increased insurance emergency repairs, insurance restoration and in it's remodeling business.
About the Sale
Management Training and Support: seller will provide
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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