18 Yr Construction & Property Restoration Company

Cincinnati, OH
Hamilton County


Asking Price: Annual Revenue:
$340,000 $1,120,000

Services: Construction, Contractors


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RE: 18 Yr Construction & Property Restoration Company Broker: Dan Long

Quick Facts

Asking Price: $340,000
Annual Revenue: $1,120,000
Net Profit: Not Disclosed
Cash Flow: $138,000
Total Debt: Not Disclosed
FF&E: $1,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 10
BBN Listing #: 241716072
Broker Reference #: 96173

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Business Overview:

This is an independent insurance repair contractor whose sales average $1,120,000 with owner earnings of $138,000. Their expertise includes residential & commercial damage restoration, odor and smoke removal, water damage restoration, fire damage restoration, storm damage restoration, and roofing repair / replacement. The company participates in several managed repair programs through large insurance companies so the company has a wonderful reputation that a buyer will inherit. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA Pre – Qualified
Low overhead business
Averages 200 jobs annually
Company could be operated from home
Growth thru offering general construction
Price includes all equipment and inventory
Excellent long – term sub - contractors in place
Clean books and records – all numbers are verifiable
Virtually no marketing – just word of mouth advertising
Uses Xactimate – The Most Highly Recognized Industry Software
Growth thru offering water mitigation / extraction & mold removal

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Property Features and Assets:

The business could be operated out of the buyer’s home, but the seller does have a small office that could be maintained.

Market Competition and Expansion:

It is essential that companies like this are aligned with managed repair programs. This company is part of several networks which allows them to maintain an excellent level of repeat business. This is the most important highlight of the company and sets it apart from its competition.

Reason for Selling:

Retirement

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.

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