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Listed by:

Sun Acquisitions

Insurance Restoration Services, Exceptional Profits, High Margins For Sale

Cook County, Illinois, US
Asking Price:
$1,895,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,606,680 (USD)
Cash Flow:
$527,024 (USD)

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.

Property Information

Real Estate:

Lease

Size in square feet:
1,000

Business Operation

Reasons for selling:

Seller relocation and other interests

Employees:
4
Years established:
4 years

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Pre-Qualified for SBA Financing, up to 10% of seller financing

Furniture / Fixtures value:
$25,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Sun Acquisitions

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