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Business for Sale Summary [Non-Confidential]

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Bergen County, NJ

Business Type: special situations,new to market,services businesses,agents/brokers,other business services,professional services,misc. servicel/non-classifiable

Recorded Info

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Non-Confidencial Financial Infomation

  • Asking Price

    $203,000.00

  • Gross Revenues

    $157,800.00

  • Financing

    $ 187,000.00 Down and Negotiable

  • Owner's Cash Flow

    $104,776.00

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Business Description

For sale is a public adjusting company that assists property owners when they have damages to their property. They represent the insured in the claims process and ensure that their property insurance company pays the insured the full value for the damages. The first part of the process after they identify a prospect is to meet with them in person to explain their services and sign the retainer agreement that allows them to represent the insured. The retainer also includes their fee which is a percentage of the money received by the insured. Their services include preparation of estimates, negotiations with the insurance company adjusters on behalf of their clients, and collection of settlements. The company utilizes a variety of targeted marketing efforts to reach prospective clients - including telemarketing, direct mail, newspaper, radio advertising and referral programs. This is a rather low overhead business. Most employees are 1099 independent contractors. Currently operating from small offices, this business can be home based if a new owner chooses so. Tremendous potential exists to grow this business through aggressive marketing and networking. Current owner willing to train and help a new owner obtain necessary licenses. Hurry, this will not last! Call for more information.



Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Listing Broker

Nicholas Amandos

Nicholas Amandos

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