Colorado Egress Window And Concrete Cutting Firm

Business Overview:

Our client is a Colorado contractor installing basement egress windows and window wells, and cutting concrete with fume-free hydraulic equipment. The company has operated for more than a decade, is fully licensed and insured, handles all permitting itself, and works across the Denver metropolitan area and the Front Range.

The demand this business serves is not discretionary. Colorado building code requires an egress window in any basement bedroom or living space, with a minimum clear opening of 5.7 square feet, at least 24 inches of height and at least 20 inches of width. A homeowner finishing a basement, a landlord bringing a rental to code and a seller clearing an inspection all have to have the work done, unlike most residential trades, where a homeowner can put the job off indefinitely.

Crews work from a single location with no showroom or retail premises. A typical project runs four to seven thousand dollars and most installations are completed in one to two days, from free estimate through permitting, excavation, installation, cleanup and final inspection. Because the company holds its own permits, the homeowner deals with one contractor rather than coordinating an excavator, a concrete cutter and a window installer. The second service line, hydraulic concrete cutting, makes the egress work possible, since the opening has to be cut through a foundation wall, and it also sells on its own to general contractors, remodelers and commercial customers. Hydraulic rather than gas-driven equipment runs inside an occupied house without fumes, which rules out a good deal of competing equipment.

Revenue over the last three completed years has run in a band, with a dip in the middle year that the owners attribute to hesitancy through a national election cycle, and a recovery in the most recent year. Owner earnings, once owner compensation, depreciation, interest and a one-off loss on an asset disposal are added back, have been materially steadier than the tax returns suggest, because a large equipment buying program pushed depreciation sharply higher without costing the business cash.

The equipment conveys with the sale and it is substantial for a business of this size - a diesel work truck, a mini excavator, a compact track loader, hydraulic saws and power packs, a hydraulic chain saw, dump, box, flat and equipment trailers, and hand tools. Almost all of it is written down to very little for tax purposes; the figure shown above is what the owners say it would cost to replace today. The work comes in without a sales department, outbound calling or significant advertising, through search, referral from contractors and remodelers, and a strong review record praising punctuality, cleanliness, code compliance and honest pricing. One owner handles all selling and is willing to stay on through whatever transition is useful.

Our client is bringing this opportunity to market in order to pursue other business interests, and is seeking a buyer who can take on an established crew-based operation with an existing customer base and referral network. Confidentiality is a concern for the seller while the right buyer is identified, so the specific city, exact ZIP and name of the business are shared only after a prospective buyer signs an NDA and is vetted, and the location and ZIP shown above reflect the broader market area rather than the operating location.

NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

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Property Features and Assets:

Facilities: None of consequence. The business is run from the owners' location with no showroom, no retail premises and no leased yard. Vehicles, trailers and equipment are stored on site. No real property conveys and there is no lease for a buyer to assume or renegotiate.

Market Competition and Expansion:

Competition: The Front Range carries a number of egress window installers and concrete cutting contractors, most of them small and owner-operated, and several larger basement finishing companies that subcontract the egress portion. Our client competes on holding both capabilities in house, on managing permitting and inspection itself, and on a review record built over more than a decade. Price competition exists at the low end from operators without the equipment to cut a foundation properly.

Growth & Expansion: There has never been a sales function, an outbound program or a meaningful advertising budget, so the most obvious growth is simply applying one. Beyond that: selling the concrete cutting capability directly to general contractors and commercial customers rather than treating it as a support service; adding crews, since the constraint on volume is crew capacity rather than demand; extending the geography further along the Front Range from the same base; and pursuing property managers, landlords and basement finishing companies as recurring accounts rather than one-off homeowners.

Reason for Selling:

The owners are pursuing other business interests. Kindly ask the seller for more information.

Additional Details:

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