Business Overview

This Independent Claims Adjuster business is consistently PROFITABLE! It is a great opportunity for someone with insurance industry experience to work for themselves in a well established company. Walk right in to steady workflow. This is also a great situation for a company looking for a Claims Adjusting footprint in the area to acquire a great book of business. There is a good amount of GROWTH potential for an ambitious new owner.

The seller will assist with transition and training you with the systems used in the operation.

Call today for more information, Jeff Bach at 314-941-8530 or email at jbach@fusionadvantage.com

Financial

  • Asking Price: $225,000
  • Cash Flow: $115,000
  • Gross Revenue: $155,000
  • EBITDA: N/A
  • FF&E: $100
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2008

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Currently run out of sellers home. Could use a small office if preferred. (Home Based)

Home Based:

This Business Is Home Based

Additional Info

The business was started in 2008, making the business 14 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell companies. However, the real factor vs the one they tell you may be 2 completely different things. For instance, they might claim "I have too many various commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might simply be excuses to attempt to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or a range of various other factors. This is why it is very vital that you not count entirely on a vendor's word, however rather, make use of the vendor's answer along with your total due diligence. This will paint an extra practical image of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses finance loans so as to cover points like inventory, payroll, accounts payable, and so on. Bear in mind that in some cases this can imply that revenue margins are too thin. Lots of businesses fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location attract new customers? Many times, operating businesses have repeat customers, which form the core of their day-to-day earnings. Particular factors such as brand-new competition sprouting up around the location, roadway building, and also personnel turnover can impact repeat clients and negatively affect future incomes. One essential thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the higher the opportunity to build a returning customer base. A final idea is the basic area demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Just how might the regional typical house income effect future income potential?