| Asking Price |
Not Disclosed | Inventory |
$30,180* |
|---|---|---|---|
| Gross Income |
$558,472 | Real Estate |
|
| Cash Flow |
$317,525 | Year Established | 1948 |
| FF&E |
N/A | Employees | 5 |
* included in the asking price
** not included in the asking price
This business began in 1948 when it was bought and renamed, and was incorporated in 1991. It stayed in the family until health issues ended in a sale to two employees in 1968; this business has changed hands a few times since then. This insurance adjusting and investigation company serves insurance and third party companies, over 60% of their business is made up of their top 10 customers. Some of the services they offer include physical damage appraisals of car, marine, and farm equipment, as well as liability investigations.
Competition: Having been in the business for 62 years, this company has a solid reputation and excellent service, as well as national accounts.
Growth/Expansion: The current owners believe that by increasing marketing and leaning heavier on insurance companies business would increase.
Support/Training: One owner is willing to stay on until June 2010, and the other is open to negotiation.
Reason Selling: Owners wish to retire and pursue other interests.

Rick Webber
Corporate Acquisitions Group
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