NOT DISCLOSED, New Jersey
| Asking Price |
$4,750,000 |
Year Established |
1998 |
|
| Annual Revenue |
$7,548,641 |
Reason for Selling |
Owner retiring. |
|
| Annual P/L |
$0 |
Attention |
Greg Gradel |
|
| Annual Cash Flow |
$1,337,297 |
Listing Number |
1015495 |
|
| # of Employees |
4 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Specialty Contractor Thermal Insulation Generating $1.3MCashflow!
This is a rare opportunity to acquire a highly profitable,fully union-compliant commercial thermal insulation company. Operating with a skilled, certified, and turn-key union workforce, the company has cleared the highest barriers to entry in the trade.
The business serves a diverse base of commercial,industrial, and institutional clients. Specialized in energy-efficiency solutions, the company enjoys high barriers to entry and strong industry tailwinds driven by green building codes and rising energy costs.
Property Features and Assets:
<p>The company's headquarters is located on a busy main road close to major highways.The location includes a 2,200 sf renovated two story office building set up with several areas containing drafting tables for estimators as well as a full basement for storage. Building is ADA accessible. A small shed also sits on the property and houses ladders and overflow materials.<br></p><p>Assets = $1,215,000</p>
Market Competition and Expansion:
<p>While the broader insulation sector is fragmented, this company operates in an elite tier with minimal direct competition.The vast majority of insulation contractors are small, non-union light-commercial shops. They lack the bonding capacity, safety ratings, and skilled labor required for major projects.<br>Decades of trust with top-tier union general contractors and mechanical engineers ensure the company is often invited to negotiated bids before projects ever hit the open market.<br></p><div>Commercial markets present promising opportunities. A large number of projects in the hotel construction pipeline, office spaces conversions and data center construction will boost the need for insulation services.<br>Overall, revenue is forecast to climb at a CAGR of 1.3% to $14.5 billion through the end of 2030.</div>
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