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- RE: Exterior Remodeling Construction Company
- Contact: Rick Carlson
- License #: 01820673
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $2,100,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $665,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $433,408 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 8 | |
| BBN Listing #: | 485427574 | |
| Broker Reference #: | 1142 CONSTRUCTION |
Business Overview:
The Exterior Remodeling Construction Company is a Limited Liability Company (LLC) located in the state of Delaware. It was incorporated in 2002 by the current owners. With over 25 years of experience in exterior residential remodeling, the company has built a strong reputation with excellent customer reviews, continuous referrals, and a myriad of project types that allows the company to thrive in any economic environment. The company has exhibited steady growth in top-line revenue and bottom-line EBITDA and is projected to continue to do so.
The company surpassed $2.1M in trailing twelve months (TTM) revenue and $515,000 EBITDA. The company boasts of a strong core of skilled tradesmen and long-standing subcontractor relationships. The company is projected to surpass $2.3M in sales in 2023 with nearly $530,000 in EBITDA.
The company is in a strong financial and operational position and is a perfect fit for an owner-operator or bolt-on acquisition for a larger company.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
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Property Features and Assets:
One location with office space, storage, and parking that is leased for $3,500 per month.
Market Competition and Expansion:
Competition: The company has three main local competitors, and each has their own approach to the retail customer client base. A few compete on price but offer lower quality service while the seller focuses on quality albeit at a slightly higher price. The company closes 60-70% of the work they bid for. Growth & Expansion: The company’s strong regional reputation and excellent customer ratings create a strong platform for geographic expansion that has yet been untapped. There are few project types that the company has not pursued that could readily add new revenue sources with the proper permitting.
Reason for Selling:
The current owners wish to pursue other opportunity.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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