Executive Summary: This established manufacturing and installation business has an established track record with both commercial and residential clients. With a solid foundation, this business has numerous opportunities to expand for the next owner. There are well-trained employees and loyal customers. Customers are mostly commercial, which gives the business a solid, reoccurring customer base. There are some retail residential clients. The split is about 85% commercial clients and 15% retail. In addition to the $143,154 in seller’s discretionary earnings, there is approximately $60,000 in equipment value and $3,000 in inventory that will transfer with the business, as well.

Competition / Market Outlook: While there are some businesses outside of the area that do this type of work, this business has an attractive reputation and a track record of customer loyalty. Because of the location, this business has a solid customer base, which could be built on and expanded outside of the area. This business is growing.

Growth and Expansion: The current owner has not done much in the way of marketing over the last few years, instead relying mainly on word-of-mouth and repeat customers. For a new owner, some simple marketing might lead to potential expansion opportunities. The seller will train the new owner and give them insights into how to expand the business. They are also willing to stay on as a salesperson. Because of its location, an obvious addition would be to pursue more residential customers, as there is a nice showroom located on the property.

Reason For Sale: Retirement.

Training: The owner will provide ample training, as needed.

Facilities: Ample-sized buildings, offices, living area, storage, and grounds (3.2 acres) to run the business. The property has three different buildings, two of which were recently built. A person could choose to lease or buy the property. The owner is asking $1,100,000 to buy the property, which is where it was recently appraised. The property has a nice living area with 3 bedrooms if a new owner would like to live and work on the same grounds. No commute! The property and buildings are very well-kept, a must-see.

Financing: The owner will consider some financing for a well-qualified buyer.

Non-Compete: Yes

Hours of Operation: Monday –Friday 7:30 am -4:30 pm

Employees: 11 employees

Year Established: 2006

Sales Price: $350,000
Down Payment
Gross: $1,923,259
SDE: $143,154
Inventory: $3,000 *included
Equipment: $60,000 *included
Real Estate: $1,100,000 ** not included

Posted Jul 5, 2016

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