Exterior Siding Company (Multi-Family & Homes)

Business Overview:

This company provides high quality and customizable exterior siding solutions to homeowners and contractors. They cater to those that value both aesthetics and durability in their siding choices. The business distinguishes itself by: (1) Offering customized personalized exterior siding solutions in terms of materials, colors, textures, and finishes; (2) Providing quality craftmanship with precision and attention to detail; (3) by staying ahead of the industry trends & technological advancements to insure that they continue to provide innovative and reliable exterior siding solutions that exceed their customer expectations; (4) By offering a wide-range of eco-friendly siding options, to include: Materials made from recycled content, sustainably sourced wood, and low VOC (volatile organic compound) paints; and, (5) By always offering fair and competitive pricing.

The business is split into three separate market segments: multi-family (60%); single-family (35%); and removal & replacement (5%). The business offers a wide range of siding options that includes composites, metals, fiber, cement, and wood to accommodate the unique preferences and requirements of each individual customer. Approximately 95% of their business volume comes from contractors. They are currently working with 5-6 multi-family GC’s a year. They also typically work with 2-3 single-family GCs on an annualized basis, and the rest of the work is with individuals as their schedule allows. The business focuses upon a service area that primarily covers King, Pierce, and Snohomish Counties with many other residual opportunities throughout Western Washington.

The company operates from a large facility that allows for office and shop activities under one roof.

Ownership serves an executive oversight role. The business has a quality middle management level, plus approximately 30 other employees that are salaried/hourly serving the business as superintendents, estimators, installers, and carpenters. A good portion of their workforce is contract labor, for the purpose of providing the business with more flexibility and fewer full-time employees to help adjust with shifts in fluctuating market conditions. All salaried and hourly employees are expected to continue with new ownership post-sale.

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