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Business For Sale
INSPECTION SERVICES - INSURANCE INDUSTRY
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Asking Price: |
$750,000
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Retirement |
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Year Established:
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1993 |
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# of Employees:
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4 |
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Yearly Revenues:
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$746,911 |
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Yearly Cash Flow:
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$248,754 |
Business for Sale Overview:
The Company primarily provides loss control inspection services for the insurance industry. They specialize in servicing insurance carriers and underwriting companies, writing Standard as well as Excess and Surplus multi-line coverages. It provides a full range of professionally prepared and computerized narrative and custom format inspection/survey reports, which include Property/All Risk, Earthquake/Flood, Course of Construction (C.O.C.), Casualty, Workers Compensation, Inland Marine & Auto Fleet and Garage Liability inspections. According to management, this company has earned an excellent reputation over the past 15 years for its expedient and reliable service, expertise in the industry, skilled and experienced staff, prompt response time, convenient hours and location, and competitive prices. The Company maintains an extensive base of accounts, throughout Southern California and surrounding communities.
Property Features and Assets:
The Company operates from a single level building that can be relocated if necessary. The Company also has a website.
Market Competition and Expansion:
According to management there is a moderate level of local competition to the business. Name recognition, honesty, integrity, quality of workmanship, reputation, longevity, established patronage and diversity are attributes that are associated with this company.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not 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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