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Service Businesses Companies for Sale
- Primary Industry: Other Service Businesses
If you want a fast-growing business with huge profits without having to manage a lot of assets this is the one! Customers need the help to get their Insurance Company to approve and pay their claims.
The owner uses public adjusters which are all 1099 employees to manage thousands of claims each year. The business is spilt with storm related claims and non-hurricane related claims.
The adjusters also travel to Texas, the gulf coast states and the Carolinas to adjust claims there as well. Commission is 10% on storm related claims and 20% on non-storm claims.
Financial Information
- $7,700,000 Asking Price
- $1,930,892 Cash Flow
- $4,325,388 Gross Revenue
- $770,000 Down Payment
Business Location
- City: Naples
- State: Florida
Reason for Sale
- Need more time to handle his Real Estate Holdings
Detailed information
- Year Established: 2021
- Home Based: Yes
- Franchise: No
- Relocatable: Yes
- Lender Prequalified: Yes
- SBA Prequalified: Yes
- Full-Time Employees: 4
- Part-Time Employees: N/A
- Contractors: 8
- Owner Worked Hours/w: 40
- Adjusted EBITDA: $1,930,892
- Inventory Included: No
- Inventory Value: $0
- Monthly Rent: Negotiable
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $240,000
- Building Size: 1144
- FF&E Included?: No
Training/Support
- Owner will train for 30 days at no additional cost
Facilities
- The owner and one admin work from home. The others work out of a second location in a different city. The business can be moved to any location in Florida, since the outside contractors (adjusters) can be deployed from anywhere. This business could easily be merged into another Business Services Company.
Market Outlook/Competition
- Most of the competitors are a one man show, therefore that don't have the staff to handle so many claims.
Real State Description
- The business has purchased a business condo where customers can come to meet or pick up their check as needed. The Buyer can purchase the Condo or sign a long term lease.
Business Listed by
Joe Alter
Sunbelt of NaplesContact Business Broker
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