Highly Profitable Insurance Restoration & Cleaning Service Company
Asking Price:   $725,000Inventory:   
Gross Revenue:   $1,410,000Real Estate:   n/a
Cash Flow:   $264,000FF&E:   $265,000 ++
++ included in the asking price         ** not included in the asking price
YOUR ONCE-IN-A-LIFETIME OPPORTUNITY TO OWN A HIGHLY PROFITABLE & PROVEN INSURANCE FRANCHISED RESTORATION & CLEANING SERVICE COMPANY This business enterprise is composed of two separate franchise territory agreements (Chicago SW suburbs & Chicago NW suburbs) and was founded by the current owner in 1977. This business specializes in providing fire and water clean-up/restoration services. 96% of the jobs performed are residential. All painting, carpentry, electrical, and tile work is currently sub-contracted to artisan contractors. Approximately 94% of current revenue is generated from the SW suburban territory, and approximately 97% of gross revenue is derived via direct-bill contracts with insurance companies. All systems, especially human resources, are in place to enable the new owner to expand the SW suburban territory and to develop the NW suburban territory. The 3 managers and 5 crew chiefs have each been employed with the company for 8-21 years. This is a truly remarkable business opportunity. This franchisor qualifies for an A rating from SBA lenders. The assets of this business enterprise have been pre-approved for 85% SBA loan financing. The supplemental cash flow produced by the Accounts Receivable included in this asset sale should enable the purchaser to easily service 85% business and real estate financing. We will only respond to inquiries from serious, qualified buyers. For more information, contact Dave Hayes at 847-605-1510 Ext 235, 773-837-4741 (Mobile), or DaveHayes@sunbeltnetwork.com
About the Business
Year Established:1977
Employees:18 full time -
Franchise:Yes
About the Sale
Reason For Selling:Owner retirement

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Re: BizQuest ID:963051
Seller ID:CH-N756-DH
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Business Listed By
Dave Hayes  |  Sunbelt Business Advisors
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