North Carolina Hurricane Shutter Business
North Carolina
| Asking Price: | $6,585,000 |
| Gross Revenue: | $4,830,739 |
| FF&E: | $165,000 |
| Cash Flow: | $1,276,800 |
| EBITDA: | $1,318,093 |
| Established Year: | 2003 |
Listing ID: 2298331Listing provided by BizBuySell
BUSINESS DESCRIPTION
This North Carolina hurricane shutter business sells and installs various types of storm and security shutters and screens to homes and businesses from the Outer Banks, to Myrtle Beach and to the mountains of North Carolina. The business is well established with almost 20 years of experience and has installed over 30 miles of end-to-end roll shutters during this time. They are known in the area for their top-of-the line quality products and exceptional customer service. The business has over $1M of work in process which is not included in the sales price for the business. A pro-rated share will be due to the seller at time of closing. This business is unique with their approach to customer service, worth ethic and sales.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
North Carolina
Inventory
Not Included in asking price
Real Estate
Leased
Employees
17
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The location is ideally situated on the main street with excellent visibility. This leased property includes a showroom and storage for inventory and equipment.
Competition
The business's strong commitment to customer satisfaction has resulted in numerous word-of mouth referrals. Those referrals, combined with a strong vendor base make them the first choice when looking for storm and security shutters in the area.
Growth & Expansion
Over the last 20 years, the business has grown and expanded its territory and the opportunity to continue growing is made possible by the threat of larger and more severe storms. There are possibilities for expansion with a second or third location due the increase of new construction and home sales that are being brought to the area with the expansion of the interstates. The business has exclusives on the best products available including growing opportunity with security products for businesses that are concerned about safety.
Support & Training
Negotiable.
Reason for Selling
Retirement.
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