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Business For Sale Listing 151683

Specialty Contractor, 3 Yr Growth Avg 18%

Status as of Nov-22-2008 at 06:00 PM: Off The Market

Business Summary

We are pleased to represent a regional specialty contractor for glass, mirrors, windows and doors. The company has been established for over 25 years as a fabricator and installer of residential and commercial glass products that include storefronts, windows and doors. The company primarily serves Western NC but for select customers they travel to complete jobs around the Southeast. Customers include builders, Commercial GCs, industrial and public sector accounts. While the Company does bid on some jobs, most of their work is negotiated with contractors and owners who have become regular, repeat customers. The company has the experience and reputation to take on high profile projects such as historic renovations and new construction of state facilities. The Owner seeks to sell the business and retire in the area while assisting a new owner to continue to grow this successful business. With an experienced staff, a quality reputation, key managers in place and a pipeline full of new projects, this company represents an opportunity for significant growth and financial returns. With a history of satisfied customers and high profile projects, the company is well positioned to grow and succeed in this dynamic industry for the foreseeable future.

Acquisition Highlights;
Revenues of $ 1.691 MM in 2007, $1.6MM projected for 08
3 year average growth rate of 18% per year
SDE of $ 444,829 in 2007
3 year average SDE of $ 351k (’06-’08)


Categories

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Industry

Sector: Construction
Industry: Special Trades

Location

Classification: United States // Southeast States // North Carolina // Other North Carolina
Location: Hickory Morganton Lenoir

Financials

Sales: Between $1 Million And $2.5 Million   ($1,562,000)
Profits: Between $100 Thousand and $500 Thousand   ($351,000)
Profit Type: Seller's Discretionary Cash Flow (SDCF)
Fiscal Year: 3 yr avg 06-08
Asking Price: Between $500 Thousand and $1 Million   ($995,000)
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