Insurance Restoration Services—Exceptional Profits

Not Disclosed, IL
Cook County

Greater Chicago Area

Asking Price: Annual Revenue:
$1,895,000 $1,606,680

Services: Construction, Contractors

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RE: Insurance Restoration Services—Exceptional Profits Broker: Burt Evans
Owner Financing is Available!
Up to 10%

Quick Facts

Asking Price: $1,895,000
Annual Revenue: $1,606,680
Net Profit: Not Disclosed
Cash Flow: $527,024
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 4
BBN Listing #: 929057220
Broker Reference #: 3N1121

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Business Overview:

This very profitable and still growing, restoration contractor provides disaster restoration services to Chicago area homeowners and commercial facilities. With proprietary, repeatable systems in place, these services have resulted in a high margin, well organized business. While offering a full spectrum of restoration services, they specialize in exterior restoration (roofs and siding) caused by damage from storms, fires or flooding. Upon being contacted by a client, the Company dispatches experienced certified inspectors to survey the damage and to assist the owner in submitting its insurance claim. The Company’s staff serves as its customer’s advocate while working with the insurance carrier network to arrive at a fair and prompt settlement. The property owner appreciates that it has a professional advocate who is trained in insurance contracts to prepare and negotiate its claim.

After claims are approved, the Seller proceeds with performing the necessary restoration work. Using a proprietary process and the latest in estimating equipment, the Company has built an exceptional reputation by creating prompt solutions for its clients resulting in excellent online testimonials, repeat business, and customer referrals. The Company enjoys strong and trusted relationships with major insurance companies (i.e Allstate, State Farm, etc.) who include the Company as a “preferred provider”. This ensures continued growth.

In addition to maintaining strong relationships with insurance companies, the Company has a strong bond with a team of top sub-contractors who perform their work project making it unnecessary for the Seller to employee trade related employees. The Seller is a licensed, bonded, insured contractor with a reputation for great client service… a key to its continued growth. Past clients typically recommend the Seller to others and often return for future services. The owner is willing to provide for ample training and a smooth transition. It is not necessary to possess a construction contractor background to successfully operate the business….as this is essentially a customer service business. The acquisition has been pre-qualified for favorable SBA bank financing.

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Reason for Selling:

Seller Relocation

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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