*Established Business: Business has been family owned and operated for the last 3 decades, which has allowed them to build long term client relationship
*Diverse Product Inventory: Core products include entrance doors, aluminum clad wood window, insulated glass , door hardware, wooden doors, vinyl doors and windows, skylights, patio doors and extensive product line for aluminum clad wood windows and doors
*Protected Territory: As per the Seller, the sale includes exclusive rights to a protected territory, offering a competitive edge and ensuring market dominance within the designated area
*Financial Overview : Average revenue for the past 4 years stands at approximately $2 million. The revenue for the year 2023 reached approx. $2.6mil. Projections for the year 2024 indicate revenue estimates ranging from $2.6mil-$3 mil. Average SDE for last 3 years is approx. $517K with the assets valuing at approx. $150K
*Current Contracts– According to the seller, they’ve already secured a contract valued at around $300K, and an invoiced sale amounts to an additional $290K for the year 2024. Additionally, negotiations are underway for another project worth approximately $700K, with the anticipation of securing it shortly. Projections for the year 2024 indicate revenue estimates ranging from $2.6 mil-$3Mil
*Diversified Revenue Stream –According to the seller, the revenue stream in year 2023 comprised of 60% recurring revenue and 40% project-based revenue, which comprised of 146 number of contracts
*VTB Financing – For a qualified buyer, seller is willing to provide Vendor Take Back (VTB) financing up to 20%
*Opportunity: The majority of business originates from referrals, presenting significant potential for revenue growth through digital marketing. Currently focused solely on residential clients, expansion into the commercial sector is feasible. Additionally, the business’s location on a bustling street provides an avenue to engage retail clients, an opportunity currently underutilized.
*Ownership Opportunity – Whether you’re a hands-on entrepreneur seeking a fulfilling business endeavor or a couple looking to embark on a joint venture, this opportunity provides an ideal platform for ownership and prosperity
