Business Overview:
High profit and growing insurance building repair business with general contractor Class B license primarily involved in insurance related repairs of commercial, industrial and residential properties. Regardless how bad or good the economy, there's always a need for repairs related to water damage, fire damage and other insurance claims. This is a recession-proof business. In the building repair field cost of materials are lower than in general construction, hence profit margins are considerably greater.
The owner runs this company with minimum overhead. They have one project manager (PM) and 3 construction workers that do majority of work. The owner is primarily involved in estimates and general management. The company also has part-time estimator to replace the owner on as-needed basis. The company is well-known for high qualify of work, on-time delivery and competitive prices. Due to such good reputation, some clients simply fax job orders without bidding. Majority of work is done by own workers, with some specialty work being outsourced.
This company is a money-making machine with owner's involvement being gradually reduced. Ideal buyer would be either another construction company that can add more business without incurring additional overhead, or a family or individual, ready to learn the business and make very good money in insurance construction repair field even in today's economy. The seller is offering substantial training, and may even stay longer on consulting basis to assure that all accounts and all knowledge are transferred smoothly. Personal health issues force the owner to sell.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
owner health issues
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.