Insurance Repair Contractor, General Contractor

Not Disclosed, NY
Ulster County

Asking Price: Annual Revenue:
$1,600,000 $2,782,674

Services: Construction, Contractors

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RE: Insurance Repair Contractor, General Contractor Broker: Gil Tatarsky
Owner Financing is Available!
$1,200,000 down, SCN for 36 months at 8%.

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $2,782,674
Net Profit: Not Disclosed
Cash Flow: $497,758
Total Debt: Not Disclosed
FF&E: $150,500
Real Estate: Not Disclosed
Year Established: 2014
Employees: 16
BBN Listing #: 167560184
Broker Reference #: 215-20682

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Business Overview:

Since 2014 the Company has provided residential and commercial contracting services to the Hudson Valley. The Company was started by four partners who operated their own businesses prior to starting this business venture. The Company derives a good part of its revenues from a partnership with a remediation company who refers insurance repair work for residences damaged by fire, mold, and water damage. This business is recession proof and provides a solid baseline for repeat business. The Company receives other business from client referrals and its website and it is turning away business due to manpower and capacity so there is room for expansion. Due to COVID 2020, numbers were down from closure so 2019 financials with comparatives to 2018 and 2017 are presented. 2020 financials are furnishable upon request. For additional information please contact listing agent Gil Tatarsky.

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Property Features and Assets:

This is a leased location of 2,200 square feet with a Total Rent of $950. Lease options are month to month. Seller is active in the business with 10 Full Time employees, 2 Part Time employees and 4 Independent Contractors. Hours of operation are 7:30 AM to 4:30 PM, Monday - Friday. $150,500 in FF&E included in Asking Price.

Reason for Selling:

Owners want to pursue other business interests.

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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