18 Year Construction - Property Restoration Company - SOLD

18 Year Construction - Property Restoration Company - SOLD Location: Greater Cincinnati
Listing Number: 13425

Financial Information

Asking Price: $340,000
Gross Revenues: $1,120,000
Cash Flow: $138,000
Real Estate: Leased, but could be operated out of home.

Business Description

This is an independent insurance repair contractor whose sales average $1,120,000 with owner earnings of $138,000. Their expertise includes residential & commercial damage restoration, odor and smoke removal, water damage restoration, fire damage restoration, storm damage restoration, and roofing repair / replacement.  The company participates in several managed repair programs through large insurance companies so the company has a wonderful reputation that a buyer will inherit.  The business is offered as an asset purchase, free and clear of debt.  The owner will train in all aspects of the business and will be available to ensure a smooth transition.  Highlights include:

SBA Pre – Qualified

Low overhead business

Averages 200 jobs annually

Company could be operated from home

Growth thru offering general construction

Price includes all equipment and inventory

Excellent long – term sub - contractors in place

Clean books and records – all numbers are verifiable

Virtually no marketing – just word of mouth advertising

Uses Xactimate – The Most Highly Recognized Industry Software

Growth thru offering water mitigation / extraction & mold removal