Asking Price: $79,000 Gross Revenue: $72,200Cash Flow: $42,800 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The owner started this business two years ago and it is already profitable with a positive growth trend. The services are in high demand and allow a buyer the opportunity to capitalize on the growth trend the seller has established and continue to build the company. The primary source of revenue is managing claims at the request of moving carriers and insurance companies by performing inspections on damaged household items and making in-home repairs. These leads are provided directly to the business through an insurance claims portal where this business has been established as the preferred provider.
No previous experience in the industry is necessary as you will be trained in both claims management and the craft of making repairs by the franchisor with support from the seller. However, this opportunity could be particularly attractive to an owner who loves craftmanship, has a wood shop, and likes the idea of having a large base of business come through referrals. The current owner devotes about 30 hours per week on the business and has developed the revenue stream through insurance referrals from moving and storage carriers.
This opportunity offers plenty of “blue sky” revenue growth for an owner who wants to aggressively market their services. The business is a part of a well-known and respected franchise and is backed by a proven business model, brand, ongoing training, and ongoing monthly revenue support through industry contacts. The business as structured currently can be run out of your home. This business offers the opportunity to build additional sources of revenue by accepting more insurance claims assignments and/or marketing your services which are in high demand to the local home owners, hotels, offices etc. This business is also ideal for a current business owner offering these same services but looking to join a network with high brand recognition with an established referral base.
About the Business
Small Independent contractors, little competition
Growth & Expansion:
Opportunity to expand to local market outside of current carrier claims focus
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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