Commercial Building Materials Innovator

Philadelphia, PA (Philadelphia County) (Relocatable)

Commercial Building Materials Innovator

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,448,000

EBITDA:$1,142,000

FF&E:N/A

Inventory:N/A

Established:N/A

Commercial Building Materials Innovator

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Business Description

The owners of this company came together twenty five years ago to solve a problem. They all had complimentary businesses of their own and were seeking a collaborative and cost effective way to use existing raw materials to do what had never been done. If they were successful, they knew their solution would someday become the standard in their particular niche. After 10+ years of design and testing, they had a fully proven solution ready for market. Their solution, originally conceived for their own use, had grown into something with much broader application than they had originally conceived. As such, their “go to market” strategy shifted from something they would use themselves to something they would provide to others. They have spent the past sixteen years introducing their solution to those who could use it. The process started slowly as they worked to convince would-be users that what they had to offer would actually work and that the benefits were indeed real. Some eventually gave it a trial run, liked what they saw, and began to use it more broadly … making it an integral part of new projects. The business is now at an inflection point. The original owners are nearing retirement and are serving in “consulting” roles at the moment. The business has shifted completely from a development phase to a marketing phase. Repeat users are increasing and sales are following suit. Their sales in the first half of 2016 exceeded all of 2015. Their costs remain very low and EBITDA margins have increased to over 75%.

2016 sales (through 6 months) were $1.4M+ and Adjusted EBITDA was $1.1+.

The owners believe that the business is now ready for a new owner to build upon their success and to take the business to the next level. The company President is aware of the process and is interested in remaining involved. The owners are willing to support a new owner during a suitable transition period. To learn more, please contact James Keane 484-534-8600 x109 or JKeane@ BMA1.com.

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Matt Coyne

Business Listed By:
Matt Coyne

Brandywine Mergers & Acquisitions

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