Licensed Public Adjusting Firm For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $305365
Net Profit / Cash Flow $87103
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Reason for Sale Other interests.
Description For sale is a public adjusting company that assists property owners when they have damages to their property. They represent the insured in the claims process and ensure that their property insurance company pays the ensured the full value for the damages. The first part of the process after they identify a prospect is to meet with them in person to explain their services and sign the retainer agreement that allows them to represent the insured. The retainer also includes their fee which is a percentage of the money received by the insured. Their services include preparation of estimates, negotiations with the insurance company adjusters on behalf of their clients and collection of settlements. They focus is on serving low to middle income homeowners with damages under $10,000. The company utilizes a variety of targeted marketing efforts to reach prospective clients, including telemarketing, direct mail, newspaper, radio advertising and referral programs. This is a rather low overhead business. Most employees are 1099 independent contractors. Currently operating from small offices, this business can be home based if a new owner chooses so. Tremendous potential exists to grow this business through aggressive marketing and networking. Current owner willing to train and help a new owner obtain necessary licences. Hurry, this will not last. Email or call for more information on this Licensed Public Adjusting Firm for sale.
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