Seller's Contact Information
- RE: Remodeling Business Ready For Next Owner
- Contact: Steven Eschbach
Quick Facts
Asking Price: | $1,100,000 | |
Annual Revenue: | $2,744,017 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $172,848 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 3 | |
BBN Listing #: | 982052743 | |
Broker Reference #: | 3233-355230 |
Business Overview:
A recognized western Chicagoland adjuster/remodeling business has established a strong foundation for future growth for the next owner.
Key Investment Considerations:
• Recognized industry leader, this licensed insurance claim adjuster specializes in exterior remodeling work.
• Strong reputation for quality materials, superior craftsmanship and ability to guide customers through the complexities of the remodeling and insurance claim process.
• Opportunity to build business through targeted retail marketing to supplement referrals received via established network of qualified contractors.
• Well-positioned to rebound from lagged effect of COVID-19 pandemic on the insurance adjuster guidelines and processing of claims.
Focused on quality materials and the best craftsmanship available, the owners have changed the way consumers purchase exterior remodeling projects. Its reputation over the years has built its success on repeat and referral business.
Owners established this western Chicagoland suburb business in 2013. Growing at an incredible pace of 40% per year, they have established their firm as an industry leader. Focusing on quality materials and best craftsmanship available, they have built their business on repeat and referral business. The owners have changed the way consumers purchase exterior remodeling projects.
Increase in spending on home improvement activities by rental property owners owing to a surge in rental demand is expected to foster further growth.
Per Global Market Insights (see https://www.gminsights.com/industry-analysis/us-home-remodeling-market), the U.S. Home Remodeling Market size exceeded $340 billion in 2020 and is expected to grow by over 4.1% compound annual growth rate (CAGR) between 2021 and 2027.
Shifting consumer trends toward more advanced home technologies as well as security features followed by several convenient components including weather control appliances, smart lighting, etc., which is likely to cater to the market expansion.
There are over 400,000 remodeling contractors in the U.S. and is continuing to grow. A long-standing management team and key employees are key among those that are in the top decile of firms in this field.
To date, a significant portion of the business has come through repeat customers and referral clients. Upside would include more comprehensive marketing that would include but not be limited to social media and direct mail.
Seller financing is being offered to qualified buyers.
Call for more details!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Cash flow increases 4 years in a row
For 30 years, this business has provided the Central New York region with the highest quality custom and pre-made counter tops and cabinets while maintaining reliable, knowledgeable and friendly service. The business has an excellent reputation and has generated outstanding financial results, including four years of increasing cash flow.
Tailored Turf Installation Business
The business has established itself as a prominent provider of artificial landscape projects in Northern California, having successfully completed over 1,200 projects since its inception in 2017. With an ever-expanding portfolio, the business boasts an unmatched depth of experience, distinguishing itself among competitors in the region.