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Remodeling Business Ready For Next Owner
Location: United States -> Illinois
Industry: Business Services > Construction




Business Summary

A recognized western Chicagoland adjuster/remodeling business has established a strong foundation for future growth for the next owner.

Key Investment Considerations:
- Recognized industry leader, this licensed insurance claim adjuster specializes in exterior remodeling work.
- Strong reputation for quality materials, superior craftsmanship and ability to guide customers through the complexities of the remodeling and insurance claim process.
- Opportunity to build business through targeted retail marketing to supplement referrals received via established network of qualified contractors.
- Well-positioned to rebound from lagged effect of COVID-19 pandemic on the insurance adjuster guidelines and processing of claims.

Focused on quality materials and the best craftsmanship available, the owners have changed the way consumers purchase exterior remodeling projects. Its reputation over the years has built its success on repeat and referral business.
Owners established this western Chicagoland suburb business in 2013. Growing at an incredible pace of 40% per year, they have established their firm as an industry leader. Focusing on quality materials and best craftsmanship available, they have built their business on repeat and referral business. The owners have changed the way consumers purchase exterior remodeling projects.
Increase in spending on home improvement activities by rental property owners owing to a surge in rental demand is expected to foster further growth.

Per Global Market Insights , the U.S. Home Remodeling Market size exceeded $340 billion in 2020 and is expected to grow by over 4.1% compound annual growth rate (CAGR) between 2021 and 2027.

Shifting consumer trends toward more advanced home technologies as well as security features followed by several convenient components including weather control appliances, smart lighting, etc., which is likely to cater to the market.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,744,017
Cash Flow:   $172,848
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2013
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  other interests

Photos

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Remodeling Business Ready For Next Owner Photo 1




Print Listing Id: 700366800
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Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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