Listing ID: CGGA – 00117
Asking Price:$350,000
Gross Revenue:$1,195,462
EBITDA:$212,413
FF&E:$120,689
Lease Rate:$1,950 /Month
Established:2004
Business Description
This is a Construction / Restoration Business that has been around for many years and is a preferred vendor for most major insurance companies.
They do not advertise in any way. Most jobs are contracted directly by the Insurance companies.
The current owner loved the comfort of doing business close to home. If you are willing to send your crews out of state, this business can grow tremendously. There is a lot of need for Insurance Approved Construction businesses in all states during disaster times (hurricanes, floods, fires.)The current owner is selling the business in order to retire.
They do not advertise in any way. Most jobs are contracted directly by the Insurance companies.
The current owner loved the comfort of doing business close to home. If you are willing to send your crews out of state, this business can grow tremendously. There is a lot of need for Insurance Approved Construction businesses in all states during disaster times (hurricanes, floods, fires.)The current owner is selling the business in order to retire.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 3,000
- Lease Expiration:
- N/A
- Employees:
- 3
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Business located in a very convenient location. High traffic. Easy access. Business volume does not depend on location though. Building size available per request.
- Competition:
- Getting approved to work with the Insurance Carriers this business works with took years. The competition does not hurt this business.
- Growth & Expansion:
- Extreme potential for growth.
- Support & Training:
- Complimentary 30 days transitional training available. The staff can handle the entire business.
- Reason for Selling:
- Retirement.
