Residential Services Company focused on Insurance Repairs
North Carolina/Charlotte MetroFinancials
- Price: $690,000
- Gross Income: $5,258,369
- Cash Flow: $438,160
- FFE: $0
- Inventory: $0
- Real Estate Value: $0
- Source Data:
About the Business
- Listing ID: #N568-LM/PC
- Year Established: 2008
- Financing: Seller will consider some financing
- Training: Seller will provide training
- Facilities: 1,000 sq. ft. building
- Competition:
- Growth:
- Employees:
Property Descriptions
This company repairs homes, often following storm damage and needs a professional manager as owner. The work depends on the volume of summer storms so it is not bank finance-able but has excellent earnings even in a year with few storms, like 2012 when the owner’s cash flow was still $369K (it was $550,079 the year before). The founder developed the business model and internal systems to provide his clients with excellent service that aligns closely to insurance payments to homeowners. The company has top ratings with the BBB and on Angie’s List to differentiate itself from storm chasing competitors. While the business model could be reproduced in additional cities, the owner is successfully experimenting with a more traditional model in another state. The owner is an entrepreneur and ready to cash out. Information released after NDA to financially qualified Buyers only.
Business Listed By
Bill Law 15720 John J. Delaney Dr., Suite 390, North Carolina, Charlotte
- E-mail : info-charlotte@sunbeltnetwork.com
- Web : https://charlotte.sunbeltnetwork.com
- Phone : 704-644-1141
- Company : Sunbelt Business Brokers of Charlotte
- Listings : 18