This is the gem that everyone is looking for.

Non franchised fire and water restoration company and seller is getting out because he is retiring!

This offering is for a full service provider of contractor services that specialize in fire and water restoration. Started nearly 20 years ago, this business is located in Brevard County and services the surrounding communities. Services specialize in fire and water restoration but also offer emergency services such as board up or tarping all the way to a full reconstruction and repair. Working directly with the client and insurance company has given them an excellent reputation and has given them preferred vendor status with some of the largest names in the industry. They are an approved vendor in Brevard County for State Farm, Allstate, Nationwide, USAA, MetLife, Hartford and seven smaller companies. 50% of the business is coming from the vendors, 20% through agents and other adjusters, 10% repeat business, 5% word of mouth, 5% yellow pages and 10% through other means. You are purchasing a very well documented business including processes, procedures and clients.

Crawford Contractor Connection vendor. Seller manages the business and may qualify or hold financing for the right buyer.

Category : Construction SIC : 1521
Detail : Fire Damage Restoration Price : 399,000
County : Brevard Down : 399,000
State/Prov : Florida Adj Net : 168,041
Country : USA Sales : 1,887,947

Data Source P/L Statement P/L Statement P/L Statement
Year (Cash Flow) 2011 (N) 2010 (N) 2009 (N)
Gross Revenue 1,887,947 1,962,287 1,775,737
Cost of Goods 1,369,627 1,470,154 1,359,069
Gross Profit 518,320 492,133 416,668
Expenses 468,249 442,721 383,024
Net 50,071 49,412 33,644
Owner Salary 104,000 134,589 104,000
Benefits 11,564 2,482 2,856
Interest Expense 2,406 533 256
Depreciation 0 0 0
Other 0 0 0
Owner Benefit 168,041 187,016 140,756

Michael Monnot

941.518.7138
Mike@InfinityBusinessBrokers.com