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Business For Sale
INSURANCE RESTORATION & REMODELING BUSINESS
Attn:
Ross Weinstein
Hampton Roads (Southside), VA, USA
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Listing Number: "1001"
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Listing
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Asking Price: |
$325,000
USD USA Dollars
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Retirement |
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Year Established:
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1998 |
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# of Employees:
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7 Full Time & 1 Part Time |
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Yearly Revenues:
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$750,000 |
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Yearly Cash Flow:
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$120,000 |
Business for Sale Overview:
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 which are strong and provable. It is dealing in an 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, while the seller would consider working for the new owner part time. This turn key operation is ideal for the mechanical and/or construction oriented buyer.
Property Features and Assets:
2,500 square feet freestanding building renting for $2,000 per month.
Market Competition and Expansion:
The business could expand into insurance emergency services (which is starting to happen now); expand the number of insurance clientele; and /or expand the remodeling portion of the business.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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