Specialty Contracting Company - Insurance fire, smoke, water damage
Business Description
SPECIALTY CONTRACTING COMPANY - INSURANCE RESTORATION
Established in 2020, this profitable specialty contracting business focuses on insurance restoration services for fire, smoke, and water damage claims. Located in Manquin, VA (King William County), the company has built a strong reputation in the lucrative insurance restoration niche.
FINANCIAL PERFORMANCE:
• Annual Revenue: $980,000
• Established customer base with consistent insurance claim work
• Strong profit margins in specialized restoration services
• Inventory valued at $65,000 included in sale price
BUSINESS OPERATIONS:
• Specializes in fire, smoke, and water damage restoration
• Works directly with insurance companies on claims
• No local competition - market wide open for expansion
• Established vendor relationships and operational systems
• Ready-to-operate business requiring minimal transition time
FACILITIES:
• 1,300 sq ft leased facility at $1,200/month
• Lease secured through January 2027
• Well-equipped with necessary tools and inventory
GROWTH OPPORTUNITIES:
• Expand service area beyond current territory
• Significant market potential in insurance restoration sector
• Established business model ready for scaling
• Strong industry fundamentals with consistent demand
OWNER TRANSITION:
• Owner retiring due to family priorities
• Limited training and support provided post-sale
• Turn-key operation for immediate productivity
This represents an excellent opportunity for an experienced contractor to acquire an established, profitable business in a specialized market with minimal local competition. The insurance restoration industry provides steady work flow and strong margins, making this an attractive acquisition for expansion-minded contractors or individuals seeking an established business opportunity.
Asking Price: $99,000 (including inventory) - owner is elderly and wants a quick sale!!!
Established in 2020, this profitable specialty contracting business focuses on insurance restoration services for fire, smoke, and water damage claims. Located in Manquin, VA (King William County), the company has built a strong reputation in the lucrative insurance restoration niche.
FINANCIAL PERFORMANCE:
• Annual Revenue: $980,000
• Established customer base with consistent insurance claim work
• Strong profit margins in specialized restoration services
• Inventory valued at $65,000 included in sale price
BUSINESS OPERATIONS:
• Specializes in fire, smoke, and water damage restoration
• Works directly with insurance companies on claims
• No local competition - market wide open for expansion
• Established vendor relationships and operational systems
• Ready-to-operate business requiring minimal transition time
FACILITIES:
• 1,300 sq ft leased facility at $1,200/month
• Lease secured through January 2027
• Well-equipped with necessary tools and inventory
GROWTH OPPORTUNITIES:
• Expand service area beyond current territory
• Significant market potential in insurance restoration sector
• Established business model ready for scaling
• Strong industry fundamentals with consistent demand
OWNER TRANSITION:
• Owner retiring due to family priorities
• Limited training and support provided post-sale
• Turn-key operation for immediate productivity
This represents an excellent opportunity for an experienced contractor to acquire an established, profitable business in a specialized market with minimal local competition. The insurance restoration industry provides steady work flow and strong margins, making this an attractive acquisition for expansion-minded contractors or individuals seeking an established business opportunity.
Asking Price: $99,000 (including inventory) - owner is elderly and wants a quick sale!!!
About the Business
- Years in Operation
- 6
- Employees
- 1 Part-time
Office Manager - Facilities & Assets
- Everything is included:
Tools
Office equipment
Lease could be taken over at $1200 monthly for about 1300 square feet. - Website
- http://www.modernstructurehomes.com
- Market Outlook / Competition
- No competition locally -market is wide open for insurance restoration work
- Opportunities for Growth
- Expand service area
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,300
- Rent
- $1,200.00 per month
- Lease Expiration
- 1/2/2027
About the Sale
- Seller Motivation
- Owner retiring. Family priorities.
- Transition Support
- Owner will support and train on a limited basis
Listing Info
- ID
- 2465599
- Listing Views
- 155
Business Location
Listing ID: 2465599 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 full Terms of Use. Learn how to avoid scams.
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