Asking Price: $2,110,000 SBA-Approved, 44yr Old Doors & Window Co.& Prop.
Not Disclosed, MD
Not disclosed
A Rated with the Better Bureau & No Complaints Ever Filed Against any of their Licenses (MD-DC-VA) | Highly Reputed Family Owned and Operated | Thriving Custom Design Window & Door Company | Majority of their Business Comes Through Referrals | Solid Cash Flows With Excellent Commercial Property | Operating The DMV Area | Loyal Customer Base with Rich History Has Earned Brand Recognition, Excellent Vendor Relationships | Strong Growth Expected With Upward Revenue & Profit Trends!!!!!!!!!!!!!!!!!!!DMV Area Licenses includes: Home Improvement Licenses for (Maryland, VA, and DC) & EPA Lead Certifications Licenses!!!!!!!!!!!!!!!!!!!! Certified: Company's certifications include American Window and Door Institute (both certified installer and approved dealer), Provia certified installer and EPA Lead Certified!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!KEY FINANCIAL PERFORMANCE FACTS YTD 2024 & BEYOND:Sales up 14% and are projected to be increasing between 13-17 by the year end.FINANCIAL & BUSINESS HIGHLIGHTS 2023Sales: $2,759,158.00Net Margins: 17.28 % /-.Sellers Discretionary Earnings: $ 477,127.00Past 3 years Average SDEs: $ 437,000.00Yearly Revenue and Profit Trends: Consistently GrowingStrong Future Growth Opportunities by Adding Verticals: Siding, Roofing, Painting and GutteringWindows: Doors - 78% : 22%Clientele: Residential: 100%Overall Customer Quality: ExcellentCustomer Concentration Risk: LowIdeal Customer: Referrals - Existing /Repeat CustomersInventory: $98,000 (approx.), included in the asking price (high quality fast moving varieties)Lease Type: Property owned by the sellersCorner Commercial Property size 6,097 square footage (Owned)Sellers Support & Training for Buyers for smoother transition: 4-6 WeeksBUSINESS & PROPERTY VALUES BREAKDOWN:Business is valued at $ 860,000.00Property value at $1,250,000.00 (Conservative assessments/appraisal)Total Sale Price: $ 2,110,000.00GLORIOUS HISTORY & RARE LONG TERM VALUE INVESTING OPPORTUNITY FOR THE RIGHT BUYERSWell established Regional powerhouse designers, suppliers and installers of windows and doors catering to homeowners and residential customers alike. Over its 44-year history, the business has earned an impeccable reputation for its expertise and outstanding customer service. Offers a full selection of custom windows and doors products and services for long established and affluent classes of residential clients, including windows, entry doors, storm doors, atrium doors, sliding glass doors, and more varieties as per request. For consescutive decades, combining only the best quality products and services with a customer-centric educational approach has provided a fertile stream of customers. Ownership and management’s keen focus on product knowledge and an in-house training program for all employees allows the company to be a trusted advisor to home construction professionals and laypersons. Management’s cumulative 100 years of experience in designing, applying, and installing windows and doors has helped built fabulous relationships with their loyal customer base maintaining strong customer retention rate of over 70%.PRIME LOCATIONPremium location is situated at the epicenter of 3rd fastest growing population centers (DMV) in the country. Thanks to their excellent relationships, the company has sourced products for some of the biggest suppliers in US and has done so for decades. This firm also has a warehouse which allows the customer to plan and control their flow of products regardless of the factory lead time, enjoying competitive edge over the competitors. They have had some customers since their start, so they know how to keep a customer happy.LUCRATIVE DMV AREA SUPPLIERS/ DISTRIBUTORSThey focus and specialize in DMV area and has the potential to distribute their products anywhere in US and beyond. In addition, they have developed a stocking program which means that they inventory your parts at no additional cost and release them as you need them. Their clients pay only when products are received. This takes lead time out of the equation and lets you manage your business, knowing that your parts are readily available. All their parts are tested, production sampled, and of exceptional quality with a superb finish.STATE OF THE ART DESIGN & WAREHOUSING FACILITY OFF THE MAJOR HIGHWAYSThanks to the state of the art operational and warehousing structures, backed by highly efficient products and excellent services as well as proven relationships with customers and suppliers/vendors. With around $3 Million approximately in sales and growing orders book and consistently adding of new projects pipeline, the company comes with an experienced and licensed operational, sales and installation team.GOVERNMENT PROGRAMS THAT UNDERPIN GROWTHNew state and federal government programs encourage homeowners to replace old windows and doors with energy efficient variations as well as perform other storm-hardening home improvement projects.KEY SUCCESS FACTORSOngoing Growth: In 2024 company continues to evolve its offerings and predicts a strong growth percentage of 13%-17% or more.Personalized Service: Five dedicated client design technicians manage each client’s customized project from consultation to installation, ensuring a seamless experience.Exceptional Customer Satisfaction: The company boasts industry-leading 5-star customer satisfaction ratings. Comes with over 14,000 plus (Retail Portfolio) Satisfied Customer accounts including Mid-to-High End Customers orders/jobs.Experienced Team: Its designers, craftsmen, and installers deliver worry-free installation and stay current on market trends via constant training and development.Strong Partnerships: Favorable relationships with thousand of well established home owners guarantee a steady flow of work no matter the market conditions. Further, the business can easily be scaled through the implementation and execution of a formal sales and marketing plan, geographic expansion beyond the DMV area, and continued emigration into the region and its inherent home improvements and new construction demands.Proven Success: Consistent financials demonstrate a strong track record year on year.Fabulous Scalable Future: Rising interest in custom solutions and sustainable fabrics presents exciting growth potential. E-commerce and virtual design implementation can unlock exponential sales growth with resisential and commercial customers.UNMATCHED QUALITIES, CORE DIFFERENTIATORS AND INCREDIBLE TESTIMONIALS SPEAK VOLUMES ABOUT THE BRAND-Excellent Prices, Quality and Unmatched Services: According to the Washington Consumers' Checkbook companys prices are considerably less than the average Washington Metro Area window and door company and that drives customers non-stop motivation and loyalty with the company.- Overall Quality Reviews: Rated their quality as superior.-Consumers' Checkbook is the only rating service that enjoys rock-solid integrity because it does not offer paid advertising, so - unlike the other guys - they don't accept money from the firms they are rating.-Owners take proud of their fantastic ratings from the Top-Rated Washington Consumer Checkbook. Company's earns vast bulk of work and new business is from referrals.-Price Champions: They are reasonably less than the average for window companies in the DMV area according to Washington Consumers' Checkbook.- No Passing of Sales Commision: They do not pass on sales commission to agents, and do very little advertising, spending almost 0 dollars. Majority of their sales revenue is through referrals and word of mouth from existing satisfied customers. They also don't pad their quotes to cover extensive marketing campaigns.Employees/Contractors (excluding owners): Manager: 1 Full time: 3 Part time: 1Reason for sale: RetirementA good business for cash flow value investors.Proof of Funds Required (UPFRONT).Seller financing: Available (If needed)Hours of operation: MON-FRI: 8AM-4PM (SAT-SUN: Off)FOR SERIOUS BUYERSBusiness and property can be purchased together or on A STANDALONE BASIS/SEPARATELY. Buyer should have some knowledge of this well established and growing industry. THIS BUSINESS WILL NOT BE AVAILABLE FOR LONG. All bona fide buyers please send appropriate financials, resume and proof of funds and you will have a response. This is an ideal opportunity for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the business with a Prime Location property, as well as who is looking to add another business into their existing portfolio of companies in this line of business or allied industry.A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATIONATTENTION BUSINESS OWNERSWe represent high quality buyers clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future, please contact us. Our buyers are already prequalified and willing to invest their time and money toward a business like yours in order to buy it soon. All communications are kept STRICTLY CONFIDENTIAL for the sale of your business.THE UNMATCHED GLOBAL POWERHOUSE TRANSWORLD VALUEThis once in a lifetime business opportunity is for sale with property is proudly offered by Transworld Business Advisors, the number one business brokerage firm in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.A SIGNED CONFIDENTIALITY AGREEMENT & PROOF OF FUNDS IS REQUIRED FOR THE EXACT LOCATION.Business Owners: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me atAchaudhary@tworld.com. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL.IF INTERESTED PLEASE CALL: Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown DC & Annapolis, MD) at Cell (202) 509 3739 or (703) 457-0362 Or Off (202) 461 2204 or by email,Achaudhary@tworld.com& We shall response soon.