Profile No. CE-0921, Extremely Profitable Construction Restoration Business

Profile No.   CE-0921
 Extremely Profitable Construction Restoration Business
NAICS or Sic Code: 236220
Industry:  Commercial and Institutional Building Construction
Gross Sales: $875,000
Sellers Discretionary Earnings: $312,400
Value of Assets Included:
Inventory Included:
Asking Price: $425,000

 


 

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Terrific cash flow dealing primarily with insurance carriers!

This Colorado Springs-based construction restoration business works primarily with insurance companies to repair home damages as a result of fire, flood, wind, and other disasters. In addition to insurance work, they also do work outside of insurance claims for homeowners who are looking to remodel and update their residences.

This efficient business model utilizes independent contractors to perform the work and therefore the owner has no capital investment in equipment or insurance costs for the independent contractors. The owner is involved in obtaining jobs, scheduling contractors, and accounts receivables and accounts payable processing.This is a great opportunity to own a business that has very high-profit margins. A large majority of the business is paid for by insurance and this company deals with all the major insurance carriers. They have a great track record of job completion and customer satisfaction.Currently, they focus on residential work but could extend their services to the commercial market.

Continuing to run the business as is, and growing it organically might be the most lucrative but there many services a new owner could offer that can bring in additional revenue such as remediation services for water and smoke damage. A profitable construction restoration business provides job opportunities for skilled professionals in the industry. By employing experienced workers, the business can deliver high-quality results, leading to customer satisfaction and repeat business.

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