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Business For Sale Listing 137164

Marine Cargo Claims Service Company

Status as of Jan-6-2009 at 06:03 PM: Active

Business Summary

The company is a professional organization representing the marine insurance and ocean shipping industries. It provides outsourced cargo claims services and recoveries from third parties.

The company employs 5 people and in addition has developed and retains the services of a network of independent surveyors and specialized adjusters in the Western Hemisphere. The company's focus and strategy is to create a profitable alternative for insurance and shipping companies when compared to in-house Claims Departments.

Marketing is conducted through direct contact with client companies, and the quality of services provided has resulted in low client turnover. Contracts are awarded on the basis of reputation, service, and efficiency. The principals are well known in professional organizations in their industry.

The company has been growing and is profitable. New clients and increased commitments from existing clients are providing continued prospects for growth again in 2008.


Categories

Industry: Finance & Insurance Businesses For Sale
Other Finance & Insurance Businesses For Sale
Location: United States Businesses For Sale
Other: Relocatable Businesses For Sale
Middle Market Businesses For Sale

Industry

Sector: Finance & Insurance
Industry: Other Finance & Insurance Businesses

Location

Classification: United States

Financials

Sales: Between $5 Million And $10 Million   (5,104,384)
Profits: Between $100 Thousand and $500 Thousand   (412,987)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Fiscal Year: 2007
Asking Price: Between $500 Thousand and $1 Million
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