Highly Profitable SBA-Appd, Doors&Window Co.& Prop.NETS $477,127!
Asking Price: | $2,110,000 |
Gross Revenue: | $2,759,158 |
FF&E: | $100,000 |
Established Year: | 1980 |
Cash Flow: | $477,127 |
Inventory: | $100,000 |
Real Estate: | $1,350,000 |
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!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SBA APPROVALS IN PALCE
SBA approvals are in place from leading 7a SBA lending banks for business acquisition along with property for the tenor of 25 years, and can be used by qualified buyers.
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 2023
Sales: $2,759,158.00
Net Margins: 17.28 %+/-.
Sellers Discretionary Earnings: $ 477,127.00
Past 3 years Average SDEs: $ 437,000.00
Yearly Revenue and Profit Trends: Consistently Growing
Strong Future Growth Opportunities by Adding Verticals: Siding, Roofing, Painting and Guttering
Windows: Doors - 78% : 22%
Clientele: Residential: 100%
Overall Customer Quality: Excellent
Customer Concentration Risk: Low
Ideal Customer: Referrals - Existing /Repeat Customers
Inventory: $98,000 (approx.), included in the asking price (high quality fast moving varieties)
Lease Type: Property owned by the sellers
Corner Commercial Property size 6,097 square footage (Owned)
Sellers Support & Training for Buyers for smoother transition: 4-6 Weeks
BUSINESS & PROPERTY VALUES BREAKDOWN:
Business is valued at $ 860,000.00
Property value at $1,250,000.00 (Conservative assessments/appraisal)
Total Sale Price: $ 2,110,000.00
GLORIOUS HISTORY & RARE LONG TERM VALUE INVESTING OPPORTUNITY FOR THE RIGHT BUYERS
Well 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 LOCATION
Premium 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.