Business Overview:
This siding & roofing company provides services to the commercial and residential market. The company has been in operation for more than 25 years and has been stable throughout. However, the contraction in the building industry over the past four years has resulted in declining revenues. Management has adapted accordingly and continues to produce cash flows well in excess of $300k. Over the past years, management has diversified the business, thus, reducing the dependence on new construction. However, management projects several opportunities to take advantage of growth options, industry consolidations, efficiency improvements and reduced capital costs. Thus, the company seeks outside investor funds.
The company enjoys a competitive advantage by been very well known among large general contractors as well as consumers. There is a significant brand name recognition In addition, there is a highly qualified, professional management in place with a superior MIS reporting system. Management oversees a very well trained and highly qualified team that will stay in place and support the company in all aspects of the business. Average employment has been between five and ten years.
Fully audited financial statements and tax returns for the past three years have been provided by the company, and have been fully reviewed. The company projects very strong growth potential for the next five years, with seller discretionary cash flows (SDCF) well exceeding the $1m mark.
The company seeks $1.3m in funding in exchange for a 35% share of the company’s assets. In return, an investor will receive preferential dividend treatment for five years subsequent to funding and can expect a complete return of funds invested during this period of time. Projections call for a 30% investor ROI .
Management will consider active or silent investors.
(ALL DATA BASED ON AUDITED FINANCIAL STATEMENTS)
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Market Competition and Expansion:
Little Competition, excellent growth
Reason for Selling:
Seeking Investor
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.