National Insurance Investigation Firm Specializing in Large Equipment Claims
Price: $1,350,000
Location: Charlotte, NC
Industry: Professional, Scientific, and Technical Services
Listing ID: 8082059
Listing Status: Under Contract
Semi-absentee insurance investigation consulting firm that specializes in both on-site and desktop reviews for claims involving large components, HVAC, and electronic equipment. The firm is recognized for its cost-effective model in serving both large and small insurance carriers with detailed, accurate, and unbiased valuation reports. With a fully remote operation and a national footprint, the business boasts an efficient and effective management team that requires limited owner participation, even during peak periods of demand.
Highlights:
Remote Operation Model: Allows management of a national footprint without physical office constraints.
Unique Business Model: Employs specialized technicians instead of costly engineers which provides a cost advantage relative to competition.
Client Base: Extensive network across the U.S. with over 100 insurance companies serviced in 2023.
Growth Opportunities: Potential for expansion into digital claim processing and other service offerings.
Total Sales: $2,107,218
Cash Flow: $362,640
FFE: $30,000
FFE Included: Yes
Year Established: 2010
Owner Hours Per Week: 20
Employees: 18
Type of Location: Fully Remote
Relocatable: Yes
Reason For Sale: Pursue other interests
Training & Support: The current owner is offering 4 weeks of transition support to the new owner. Further assistance will be provided on a consulting basis if needed beyond the initial transition period.