Consultant Firm

Asking Price: $1,500,000

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Consultant Firm


Asking Price: $1,500,000

Asset Sale Description
IIC Consultants LLC is a consulting firm that specializes in mitigation, investigation & collection of substantial mechanic’s liens and construction claims for every conceivable category of Subcontractor, Specialty & General Contractor, Supplier, Construction Manager, Architect, Engineer, and construction related professionals within the construction and related industries. They have successfully developed and applied their industry shattering, Patented lien resolution system with AI, CQC- (Construct-Qwik-Collect technology with AI). It has been highly effective in resolving disputes that had resulted in the application of a mechanic’s lien filed against a construction project. There is approximately $100 Billion in aggregate lien issues annually in Market # 1 alone, the New York Metro Area. In the USA there is a $750 billion market. The groundbreaking, patented system with AI is invaluable, there, and world-wide.
Their technology and innovative system streamline the complex process of resolving liens, providing efficiency, accuracy, and cost savings for legal professionals, insurance companies, advisors, contractors, and other stakeholders. With their proprietary algorithms, AI evolutions and user-friendly interface, they have transformed lien resolution into a seamless experience and resolved scores of disputes that had resulted in a lien. The system’s value has been objectively assessed to be well over $25 million. The plan is to apply or license the system nationwide, or worldwide, using teams of sales executives.

Clients have received considerable benefit from the application of CQC, saving time and successfully resolving the lien. It is often used in conjunction with attorney’s efforts when litigation is required, saving legal analysis fees and strengthening the lien holder’s case. They have resolved legal and claim disputes in the 7-figure range for their clients.

IIC Consultants is seeking strategic partners to fuel their growth and expansion with nationwide licenses for their system. The funds raised will be used for:

Product Enhancement: Further development and refinement of their system.
Expand Revenue Streams: There are four (4) primary revenue streams currently for mediation, investigation and the collection process including retainers, flat fees, percent of recovery and referral fees This will be expanded for the use of all stakeholders including lien holders, legal representatives, advisors, and others. As they continue to broaden the technology, they will have nine (9) revenue streams or more.
Sales and Marketing: Expanding their customer base nationwide and increasing market awareness.
Team Expansion: Hiring additional talent and sales personnel to accelerate their growth trajectory, including licensing the system to others.

While investing heavily in the newly Patented CQC System, the consulting firm itself had $1,183,500 in Revenue with a 39% margin or $459k in net income accounting for the SDE. Now with the current system status and with its appraised value of $25 million, the business is ready to expand nationally. The asking price for a minority position is to be determined and discussed with potential partners or investors.
Detailed Information
Years in Operation
41
Facilities & Assets
Cashflow:$ 459,094
Revenue: $1,183,500
10 employees, (8 drivers)
Listing Info
ID
2219524
Listing Views
1774

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Business Listed by: Raymond Saleeby Executive Business Brokers

Listing ID: 2219524 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.