Profitable Insurance Claims Adjusting Firm 60-Year

Not Disclosed, FL


Asking Price: Annual Revenue:
$1,695,000 $1,486,131

Services: Financial, Accounting, Insurance


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RE: Profitable Insurance Claims Adjusting Firm 60-Year Broker: Anton Joro

Quick Facts

Asking Price: $1,695,000
Annual Revenue: $1,486,131
Net Profit: Not Disclosed
Cash Flow: $425,849
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1961
Employees: 9
BBN Listing #: 15474955
Broker Reference #: 1049-15989

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Business Overview:

This company handles the investigations of insurance claims on behalf of the insurance companies and self-insureds and has been doing so successfully for the past 60 years. This firm is a family-owned independent adjusting firm started in 1961. It has a management team in place, which allows the owner to travel. They handle hundreds of 1st & 3rd party auto, property & general liability claims per year for both large and small clients. They also do appraisals, mediation's, etc. They pride themselves on the consistent, quality, timely, and personal service they provide. This firm is a perfect acquisition target for a competing firm, a TPA or an insurance company that wants to bring operations in-house. Pre-approved by several reputable lenders.

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Property Features and Assets:

The company currently leases 1,886 square feet of office space. However with the Pandemic they have gradually and successfully switched their operations online and currently most of their employees work from home. The financials have been recasted with the buyer having an office-on-demand presence at a much lower rent rate, if necessary. Assets= $30,000

Market Competition and Expansion:

There may be other claims adjustment companies out there but one will be hard-pressed to find one with the longevity in business (60 years), well-established book of clients, commitment to excellence and attention to the bottom line both of their clients as well as their own - as our client. Great potential for growth as this company's business grows along with the growth of the insurance companies they represent. There are more cars on the streets, more boats on the water, more general liability claims than ever and this firm is in the sweet spot of things. A buyer who can utilize social media effectively to drum up more business is going to be even more successful.

Reason for Selling:

The seller has decided to retire after 35 years.

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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