Business Overview:
Successful window manufacturer. Established in 1981 - 40 years in business. Main focus is on Hotel New Construction, historic replication market segment. Many products are approved by and used by military and HUD. Large warehouse in Northern LA with room for expansion. Owner willing to stay on for short period to help with transition. Management is in place for absentee ownership possibilities.
2020 Looks like a Banner year as of March Company has $8,300,000 in total sales on the books and will be working to fill this order through through Nov 2020.
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Property Features and Assets:
50,000 sq ft warehouse sufficient for some company growth. Facility could use a powder coat line for further expansion. To grow aggressively may need to expand warehouse. Warehouse is valued at approx $1,100.000 . Owner will sell or lease to buyer- whichever buyer prefers., owner is very flexible
Market Competition and Expansion:
This company is smaller than most of its competitors. Competes directly with Quaker Windows and Doors.
May need to expand warehouse and add a powder coating operation. Land is available at site to expand. An ERP data system for product quoting. engineering, inventory control and accounting would streamline operations. The military and HUD market need more of a direct sales approach than is being done currently. This is a huge segment which needs attention. HUD market - they must use commercial windows- market is booming-owner has not has the time to pursue this market segment as should be done. Military - all windows must be blast proof another segment which needs more sales attention. HUGE Military and HUD potential to further grow top line
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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