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Quick Facts
Asking Price: | $895,000 | |
Annual Revenue: | $1,533,093 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $345,853 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1980 | |
Employees: | 9 | |
BBN Listing #: | 950058201 | |
Broker Reference #: | 13485-302236 |
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Business Overview:
This 40 year business is PERFECT for that owner/operator or a strategic buyer within the construction sector that would like to purchase an existing, premier, home exteriors business.
With a focus on home exteriors, the breakout of existing project revenue is as follows:
3-Season Sunrooms 15%
4-Season Sunrooms 40%
Screen Rooms 12%
Windows & Doors 20%
Decks 8%
Awnings 5%
The existing owner runs a well-oiled operation and is willing to stay on for up to a year in order to facilitate a smooth transition.
Originally started as a window and patio door manufacturer, the company has evolved to where all manufacturing is currently outsourced to reliable suppliers.
And since the southeast US has been an attractive location for new arrivals, this business has not experienced a downturn and continues to build a healthy backlog of work.
This type of remodeling seems to be somewhat recession-proof, as when the housing market is slow, home owners typically fix up what they have and when the economy is booming, home owners typically want to add/modify their new purchase.
Clients pay with cash or check, with very little haggling.
Multiple bay building with pull up doors and warehouse space.
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Property Features and Assets:
Monthly Rent: $4,000.00 Square Units (Foot, Meter): 6,000 Terms Options: Very Accommodating Landlord Facilities:Multiple bay building with pull up doors and warehouse space FF&E Overview: 3 Pick-Up Vehicles, 1 Van and 1 SUV Computers, Trailers, Scaffolding Furniture, Forklift, etc. FF&E General Condition: Good Condition
Market Competition and Expansion:
While there is some competition in the region, this owner has a very good referral network with both current and previous customers. Conventional construction room additions, as they continue to get requests almost daily.
Reason for Selling:
Retirement
Additional Details:
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