Windows and door sales, service and installation company. Adjusted earnings (high quality financial statements) were $207,000 in 2014. Gross sales were up 11% while the COGS decreased to 40%--the lowest in years. Full asset list available. Vinyl or wood premium replacement products and new construction. Over 1,000 quotes generated annually with high closure rate estimated at 70%. Margins substantially exceed that of similar companies located in urban areas. Full line of top quality storm windows. Also sells seasonal products such as aluminum window or door awnings. Hurricane shutters are a recent line extension. Door products include premium sliding, french wood hinged and decorative patio doors.

Real estate also available which may assist in financing options. Long team lease options are also available.

Seller willing to stay on for new owner to both grow the business and mitigate risk.

The operating business as well as the opportunity to acquire the real estate (via a licensed Rhode Island realtor) are potentially very good candidates for SBA financing products with local lenders.

Best suited for strategic buyer seeking an aggressively priced smart acquisition or a strategic thinking high net worth individual seeking cash flow at a fair multiple with potential upside in many marketing areas. Quality of life opportunity. Experienced installation team in place.

Need not have experience in this industry as owner willing to stay on.

70% of revenues are repeat and referral.

Posted Feb 4, 2016

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