Top-Notch Commercial Insulation Sub-Contractor in Colorado

Colorado

Seller Financing Available

Sale Pending
Asking Price:$4,300,000
Gross Revenue:$5,000,000
Rent:$7,875/Month
FF&E:$300,000
Cash Flow:$1,685,000
Inventory:$150,000
EBITDA:$1,385,000
Established Year:2005
BUSINESS DESCRIPTION

Profitable Specialty Niche for Government Installations

This commercial insulation sub-contractor insulates high-security military buildings funded by a growing defense budget, not dependent upon the general economy. It also is active in building schools, hospitals and other major projects. The new owner should be a talented individual experienced in managing a highly skilled work team.

The retiring owner will finance 65% of the $4,300,000 purchase price with a $1.5MM cash down payment as long as he can get 1st security position on his seller note with a strong personal guaranty from the buyer. This owner is NOT looking for equity investors, but a hands-on person or team that will acquire the business and come to Colorado to run the company.

This company is a dominant commercial insulation sub-contractor along Colorado’s Front Range. 80% of its work is for military base projects in Colorado and Wyoming. Over its 19 years, it has become the company of choice for work that requires use of the highest quality materials. The company is also well-known to prioritize the appearance and safety of its completed work.

The company founder and CEO started the company in his 50’s after many years in the business. He has assembled a stable and skilled working team of over 20 employees, all specialists in large commercial insulation projects. The company has survived some of the worst business and economic conditions, including the 2007-2009 recession and the COVID-related job materials shortages recently.

The owner is retiring, but is offering seller financing, and has assembled a management team to assist a new owner in the transition. His team has been with him for many years and will also be an excellent resource for the new owner going forward.

This is an ideal opportunity for someone who can manage an experienced team and will welcome the growth that is still coming.

Contact us, register with us, sign our NDA and receive our confidential Offering Summary on this opportunity!


DETAILED INFORMATION
Location
Colorado
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,992
Lease Expiration
31/12/2029
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free-standing office & warehouse with storage & parking. Truck fleet, storage, shop and warehouse equipment. A complete FFE list will be available to interested parties. The company's variable inventory is not included and could be as much as $150,000 at the lower of cost or wholesale value, to be paid at closing by a buyer in addition to the sale price. This company defines “inventory” as un-assigned job materials in its warehouse.
Competition
There are many competitors, but this firm has built a strong reputation. The specialty of government contracts means that, with a growing military infrastructure being planned along Colorado’s Front Range, hearty demand will continue for years to come. However, the firm also specializes in schools, hospitals and many other private projects.
Growth & Expansion
This company is positioned to continue being successful in its niche and with the established market relationships it enjoys.
Financing
Generous seller financing with 35% down. 7%, 10-year term, 3-year balloon.
Support & Training
Seller's management team will be available to train and assist new owner as needed.
Reason for Selling
Owner is retiring after 40 years in this type of business.
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Amy
Kinser
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Amy Kinser