Construction - Building | Construction - Special Trades

Asking Price	$800,000	Inventory
Gross Income	$1,200,000	Real Estate
Cash Flow	$200,000	Year Established	2000
FF&E	$25,000*	Employees	3

* included in the asking price

** not included in the asking price

Looking to expand? Great for first time buyer!

10 year old, positive cash flow insurance restoration general construction company for sale! Company has a contract with a Major Insurance Carrier's direct referral program in Chicago and South suburbs. Construction company is poised for growth into other insurance companies' direct referral programs. We also have contract to rehab government foreclosures, and are on the recommendation lists of several mortgage companies for their purchase/rehab 203k loans. Positioned as a trustworthy, expert company in the Chicago community from tons of radio exposure. Even in the slow economy, getting jobs is not a problem.

Facilities: Lease is month to month for office $650. $25,000 in office furnishings and equipment.

Competition: Pro: The contracts are business to business so accounts receivables is secure. Con: depending on bank and insurance companies who may take 30-60 days to pay. Pro: Niche insurance restoration market has plenty of work. Con: start up time needed to learn restoration techniques not used in normal construction.

Growth/Expansion: Expansion possibilities depend on the ability to finance accounts receivables. Currently the business only does construction. Mold removal, water remediation, contents cleaning, and other related services could be added to facilitate growth.

Financing: 0

Support/Training: Current owner will train new owner full time for 3 months and remain "face" of company for a year to facilitate transition.

Reason Selling: Divorce