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US Based High Growth Insurance Restore Svcs

$4.5M$1.9M

Description

This Company specializes in insurance claims processing and construction management relating to the restoration of residential and commercial structures damaged by fire, water or wind. Itsexpertise is in processing insurance claims, and then managing the reconstruction process with its experienced project managers.

The actual construction work is all subbed out to various subcontractors.

Because of its excellent reputation and high rating with third-party claims administration companies, this company has been experiencing tremendous growth. It is being pressured by its referral sources to expand to new geographies. New owners could easily add a few new people -a project manager and estimator -and accelerate growth even further.

The Company has experienced many growth challenges, particularly how to restrain growth to a manageable level. The Company continues to turn down multiple requests from third-party claims adjusting companies (TPAs)to expand its service to additional geographies.

The owner has another business as well, and only devotes 10-20 hours/week to managing this business.

Detail

Updated on August 13, 2020 at 6:08 pm

Property ID:L#2020556
Property Size: 5,800
Property Type:Insurance
Property Status:For Sale
Asking Price: $4.5M
Gross Revenue:$4.5M
EBITDA:$1.9M
Business Description:8 Employees
Country:United States
State: United States
City: New York

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