Local Service Business with Insurance Partnerships.
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Asking Price
$220,000
Detailed Information
Cleveland,Ohio, US
Not Provided
NA
Business Description
For sale is a local service business with established vendor relationships with national and regional insurance companies. This industry is rapidly growing with minimal competition at the national level, making it a lucrative opportunity with low investment and high profit margins. Experience in a related industry is not required, and the business boasts excellent gross profit margins and high earnings through pre-paid service premiums ranging from $7,000 to $21,000 per invoice. Clients typically cover a deductible of $500 to $1,000, with the insurance company paying the remainder for repair or replacement in case of damage from weather events. This scalable service business caters to both residential and B2B clients, receiving strong referrals and contracts from insurance companies for clients with exterior damage issues. The business model is designed for executive operation, focusing on management, marketing, and relationship building. With the support of full training and ongoing corporate assistance, the owner can comfortably manage any volume of work while leveraging the established vendor accounts and strong industry network for continued growth and success