Public Adjuster Company

Very profitable public adjuster company specialized in water, fire, mold, wind and flood claims. Main area is South Florida but they cover all FL with satellite offices.
They have approximately 350 open claims with an average of $4,000 collection of claims that are available at an additional price(approximately $600,000, accounts receivable after split with adjusters) that generates immediate cash flow to a new buyer.
The company adjust residential, warehouse, commercial, retail, low-rise, mid-rise and condominium claims in the State of Florida. They do their own processing so they do not pay 3rd party processing
companies.
There is an active manager that can take over the owner role that can also cross train new hires. The owner can be non-licensed person. Only requirement is that someone licensed must be listed as primary adjuster who can be employee in the company. They are A+ rated by the Better Business Bureau and 5 star rated on Google, Facebook, Yelp.
SBA Prequalified with 10% down, 120 months.
For more information, please submit NDA, proof of funds and resume.

Down Payment: $300,000

Total Sales: $1,774,450

Cash Flow: $827,103

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: No

Inventory: N/A

Inventory Included: No

Year Established: 2010

Year of last Acquisition: 2010

Days & Hours of Operation: Office: Monday - Friday 9 AM - 5 PM / Adjusters: 24/7

Owner Hours Per Week: 45

Lender Pre-Qualified: Yes

Non-Owner Payroll: N/A

Employees: 12

Managers: 2

Absentee Owner: No

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $1,717

Type of Location: Office

Square Footage: 550

Franchise: No

Relocatable: Yes

Reason For Sale:

Retirement

Training & Support:

Seller provides training for 2 weeks at no cost.

Financing/Terms:

SBA Prequalified with 10% down.