$690,000

Residential Services Company focused on Insurance Repairs

North Carolina/Charlotte Metro
Financials
  • 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.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Bill Law 15720 John J. Delaney Dr., Suite 390, North Carolina, Charlotte