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Insurance Restoration & Cleaning Service For Sale - Chicago, Illinois, IL - Cook County |
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| PROFILE: Highly Profitable Insurance Restoration & Cleaning Service Company. |
| Status: |
Available |
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| State: |
Illinois |
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| Location: |
Chicago Metro |
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| County: |
Cook |
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| City: |
Chicago |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
132811 |
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| Seller Or Contact: |
Dave Hayes |
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| Primary Phone: |
847-605-1510 X235 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
10/12/08 |
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| Date Ad Last Revised: |
10/14/08 |
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| Asking Price: |
$928,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$1,410,038 |
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| Annual Adjusted Net: |
$263,829 |
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| Franchise: |
Yes |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
No |
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DESCRIPTION: Your Once-In-A-Lifetime Opportunity To Own A Highly Profitable & Proven Insurance Franchised Restoration & Cleaning Service Company
Included In Asking Price:
Furniture, Fixtures & Equipment: $200,000 (Actual Cash Value)
Current Accounts Receivable: $255,000 ($300,000 @ 15% Discount)
Notes: Buyer To Pay Franchise Transfer Fees.
Seller May Consider Selling Building.
Summary Description
This Deal Has Been Priced And Structured To Sell Very Rapidly. The Business Assets Contemplated Under This Engagement Are As Follows:
Ff&e - Included = $200,000 (Actual Cash Value)
Current Accounts Receivable - Included = $255,000 ($300,000 @ 15% Discount)
Real Estate/Building: May Be Available For Purchase Alongside Business Assets
This Business Enterprise Is Composed Of Two Separate Franchise Territory Agreements (Chicago SW Suburbs & Chicago NW Suburbs) And Was Founded By The Current Owner In 1977. This Business Specializes In Providing Fire And Water Clean-Up/Restoration Services. 96% Of The Jobs Performed Are Residential. All Painting, Carpentry, Electrical, And Tile Work Is Currently Sub-Contracted To Artisan Contractors. Approximately 94% Of Current Revenue Is Generated From The SW Suburban Territory, And Approximately 97% Of Gross Revenue Is Derived Via Direct-Bill Contracts With Insurance Companies.
All Systems, Especially Human Resources, Are In Place To Enable The New Owner To Expand The SW Suburban Territory And To Develop The NW Suburban Territory. The 3 Managers And 5 Crew Chiefs Have Each Been Employed With The Company For 8-21 Years.
This Is A Truly Remarkable Business Opportunity. This Franchisor Qualifies For An A Rating From SBA Lenders. The Assets Of This Business Enterprise Have Been Pre-Approved For 85% SBA Loan Financing. The Supplemental Cash Flow Produced By The Accounts Receivable Included In This Asset Sale Should Enable The Purchaser To Easily Service 85% Business And Real Estate Financing.
We Will Only Respond To Inquiries From Serious, Qualified Buyers.
General Information:
Year Established: 1977
Employees: 26
Facilities: 5000 Sq. Ft. Commercial Condo Building-Owned By Business Seller
(Note: Business Seller May Consider Selling The Building)
For More Information, Contact Dave Hayes At 847-605-1510 Ext 235, 773-837-4741 (Mobile), Or Ped@sunbeltnetwork.Com |
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