Business for Sale: Insurance Reconstruction Company — UNDER LOI

Business for Sale: Insurance Reconstruction Company — UNDER LOI

Harvest Business Advisors is pleased to showcase this business for sale. An award-winning and highly profitable insurance reconstruction company, they specialize in reconstruction and repairs to damage caused by fire, water, wind, storm, vandalism or burglary in residential and commercial properties. The company also provides complete home remodeling services.

Licensed, insured and bondable as an independent Class A General Contractor as well as a licensed lead paint restoration contractor, the business is known for its outstanding customer service and extremely favorable customer reviews. The company operates at 40+ percent gross profit margins and, due to its insurance relationships, does not need to bid for opportunities.

The 25+ year old business is located in the fast-growing and highly stable Washington DC metropolitan region. The owner wishes to retire but a strong management team is in place. All operational procedures are well-established.

ASKING PRICE: $2,100,000

* Revenues for the business were down in 2020 due to:
1. Homeowners choosing to do repair work on their own because they are at home due to COVID
2. Homeowners receiving insurance claim checks but not applying funds towards repairs due to financial reasons
3. Homeowners not wanting outsiders in their home due to COVID fears

** SDE was positively impacted by the Federal Government’s COVID-related PPP loan and payroll tax credits — a one-time occurrence of $293,604

Ideally Suited for A Buyer Who is:

  • A company seeking to add construction to its existing business
  • A company or individual desiring to engage with a major insurance carrier
  • A large company outside of the Washington DC area wanting to enter this booming market
  • A mitigation company wishing to add construction for a complete service offering
  • An experienced business professional wishing to purchase their first business

This acquisition would be very desirable for an out of state construction company which desires to expand their presence into the highly desirable DC market or for a mitigation company seeking to add construction to its offering. Buyer must have experience in construction, mitigation or a related business.

 

Please Contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

Business for Sale: Electrical Contractor

Business for Sale: Electrical Contractor

This multi-generational electrical contracting company, located in Maryland, offers:

  • Design/build services for new projects
  • Upgrade and renovation of existing sites
  • Maintenance and calibration services
  • Value engineering reviews to fit the budget
The highly regarded business values their long-term and diversified customer relationships. Their customers are served by a licensed and experienced staff, supervised and directed by a highly experienced management team.
This opportunity is well-suited for an industry buyer seeking growth and diversification opportunities or an individual looking to own an established and successful companyElectrical Contractor details

No additional capital investment needed.

The owner is selling because they wish to retire.

 


Please Contact: Eddie Davis (EDavis@HarvestBusiness.com or 301-325-7687) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

Business for Sale: Accounting-Bookkeeping Firm

Business for Sale: Accounting-Bookkeeping Firm

This business has sold!
Congratulations to the buyers and sellers!
Busy, Ready to Expand

This well-established tax, small business accounting, and payroll firm in the Richmond, Virginia area is ready to expand.

The company has been providing services to a client base of nearly 2,000 clients for over fifteen years. The firm has a very loyal following of satisfied clients and is situated in a high-growth area.

Expansion opportunities have been identified for a new owner to grow the business. This turnkey business ready for a larger firm or a new owner to take over. The current owner wishes to retire.

Investment Considerations:

  • The owner has been with the business for more than 25 years and has amassed a very loyal customer base.
  • Clients include a healthy cross-section of ages ensuring continued business growth.
  • The staff represents a combined 73 years of accounting and tax preparation experience with the company.
  • The business conducts a combination of both bookkeeping and accounting services. The bookkeeping services provide a steady and consistent revenue stream.
  • All systems and processes are in place. Furniture, Fixtures, & Equipment are included in the asking price.

This business is truly “turn-key”, ready for a new owner to step in and take over. After the closing, the owner is willing to remain (with compensation) for an agreed upon period of time to assist as needed.

ASKING PRICE: $600,000 $495,000

Connect with Richard Stopa (rstopa@harvestbusiness.com) at 703.307.1187 for more information and details about this business.

Click here for a Non-Disclosure Agreement and Finance Document.

Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com.

We will then be able to discuss financial details and other confidential information about the business with you.


Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.

We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

Business for Sale: Commercial Fire and Water Restoration Cleaning

Business for Sale: Commercial Fire and Water Restoration Cleaning

Harvest Business Advisors is pleased to present this Commercial Fire and Water Restoration Cleaning Company for sale.

For over 12 years, this commercial restoration cleaning company has been serving their Mid-Atlantic customers.

The technician team is well-trained and experienced. All key managers are responsible and will remain with the company.

This Company has stayed focused on necessary capital investments; equipment is up to date and modern.

Financial highlights:

Average revenues: over $2,200,000

Average historic seller’s discretionary earnings (SDE): $400,000

2020 SDE: $650,000.

  • Growing revenue and earnings history
  • Established industry accounts
  • Experienced long-term staff
  • Extensive modern facilities in central locations
  • Nine (9) vehicles including box trucks with lifts, vans, and cars (most less than two years old).
  • All equipment, trucks, people, leases, software, and rights to geographic area will convey.

Asking Price; $1,700,000.

(Note: asking price does not include receivables)

The Buyer:

An industry buyer seeking growth opportunities with an established company or individuals with a general management/sales background seeking acquisition of profitable business.

Benefits to buyer include:

  • Recurring revenue
  • Long term customer relations
  • Experienced technicians
  • No significant additional capital investment needed
  • Location and facilities
  • Reputation

 

Connect with Greg Caruso (GCaruso@HarvestBusiness.com) at 877.838.4966 to discuss this business opportunity in more detail.

Click here for a Non-Disclosure Agreement and Finance Document.

Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to GCaruso@HarvestBusiness.com.

We will then be able to discuss financial details and other confidential information about the business with you.


Clients choose Harvest Business Advisors for our accurate business valuations and our consistent ability to deliver a high price as part of a smooth exit transaction.

Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields.

We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

 

Business for Sale: VoIP/Telecom Solutions Provider

Business for Sale: VoIP/Telecom Solutions Provider

Located in the Washington DC-Baltimore area,  this telecommunications firm has been serving their commercial client base since 1990. Well established with a focus on customer service, this firm has nearly 900 current clients.

This business sells both VoIP and premise-based solutions and is poised for expansion with identified opportunities for a new owner to grow the business. Employees are extensively trained on equipment and also focus on educating customers to derive maximum benefits from their telephone systems.

Products lines include:

  • Avaya IP Office
  • Avaya Cloud
  • Nortel
  • Toshiba

Telecommunications Financials

 

 

It is important to note that service revenue for the last 3 years averages $615,754 or 51.5% of total revenue

In the past 30 years, and through several recessions, the company has remained financially sound, un-impacted by the fluctuations of the economy.

The owner is willing to stay on for an agreed upon period of time to train the new owner and transition clients.

Connect with Richard Stopa (rstopa@harvestbusiness.com) at 703.307.1187 for more information and details about this business.

Click here for a Non-Disclosure Agreement and Finance Document

Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com.

We will then be able to discuss financial details and other confidential information about the business with you.


 

Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction.

Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

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