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Business for Sale Summary

Licensed Public Adjusting Firm - 23597

Business Type: special situations,new to market,service businesses,agents/brokers,other business services,professional services,misc. servicel/non-classifiable
Licensed Public Adjusting Firm
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This business has received 33 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $203,000 Down Payment $187,000
Gross Revenues $136,382 Lease Remaining Register Free to View
Owner’s Cash Flow $89,392 Number of FT Employees Register Free to View


$187,000 Down and Negotiable

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!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.