Owner Financing is Available!
Business Overview:
The company sells and installs pre-finished architectural products to a diversified base of commercial and industrial accounts in the tri-state region, Port Angeles, New Jersey and New York and has been in existence for 20+ years with a very strong reputation. For the past five years, the company enjoyed a stable sales level, even overcoming a decline in the economy by successfully expanding its geographical reach. The office is located in a very nice office park.
The company enjoys a competitive advantage by way of its long-term relations with general contractors, providing measurably better customer service than its competitors.
The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 3.7x EBITDA (ttm). A complete report is included in the prospectus. There is no debt to be assumed and the deal includes $500,000 in current A/R. The business is pre-qualified by an SBA lender subject to buyer’s financial s and by implementing the proposed deal structure a buyer will obtain $230,000 in after-debt cash flow or a 90% return on down-payment.
A comfortable six months transition period will be provided by an owner who truly wants to retire and who wants to see his business continuing to flourish. Potentially, the owner will consider a consulting agreement. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Very nice, easily accessible.
Market Competition and Expansion:
Competition: Limited
Growth/Expansion: Excellent
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.