we have been in business since 2005 , we have a very agressive seo marketing program for plumbing , heating , air , electrical and solar. we have plenty of repeat clients , great reputation for premuim work.. the sky is the limit for this little corporation and it can certainly grow really big by investing into more marketing programs .
Swimming Pool Construction Company with Retail/Office Location, been in business for 15 years, has grown every year, we service the entire Texas Panhandle and Lubbock, Great Opportunity for business expansion, this is a great growing city, with new business coming in and expanding. Community is economically stable, we stay busy year round. We offer service to our customers as well as work with some top builders we also, have repeat customers. We have worked very hard for a long lasting positive relationship with all our customers, we go a step further to make all our customers happy.
West Chicago, IL
Outstanding opportunity to own a long established, highly profitable home-based business that requires neither industry experience nor large outlays for inventory. This is a marketing driven business that can be comfortably operated from a home office anywhere in the Chicago area. The company provides a wide array of both decorative and functional shading apparatus. The large product line includes awning, pergolas, bus shelters, office environment solar screens and audio/visual shades, canopies, entranceway shading, and retractable roof patio covers. This is truly a niche business with very limited boots on the ground competitors. Customer base includes commercial building owners, homeowners, architects, builders, and contractors. The margins are fantastic, and the overhead is kept very low making this a highly profitable operation. A marketing oriented person or a company with related products would be a great fit to take this already excellent operation and leverage it into a much bigger concern. Call today. This turnkey an opportunity, with such ease of operation, and high profits will not stay on the market long.
Menomonee Falls, WI
This spectacular, well established niche home remodeling business, serving affluent clients can be your key to success. The business designs and builds custom wine cellars and has dominated the Wisconsin market with little competition for the past 10-Years. The business is now ready for a team acquisition to take it to the next level. As of May 5th, 2015 the company now has a significant backlog of new installations which will help the new owners start out running while providing excellent training opportunities. The company's well managed website continues to generate a consistent revenue stream along with client referrals. Business was scaled back to 30-Hours per week two years ago because of another business obligation. There is an exceptional growth potential with re-implementation of our affinity marketing relationships. The business has also maintained an A+ rating with the Better Business Bureau. This would be an excellent addition to a current Design and Build firm, remodeling company, closet organization company, hobbyist woodworker or an out of state competitor seeking to acquire the Wisconsin market.
Westchester County, NY
irrigation and landscape lighting design ,installation , service , Full client seasonal service agreements. Machinery, vehicles tools and office management systems and furnishing included. Complementary products and products, pond fountain aerators, Fertigation injection systems, lawn renovation , filters, pump stations, water garden management , . Products inventory and retail sales operation.
The business specializes in sales, maintenance and repair of commercial refrigeration systems, like coolers, ice makers and freezers for restaurants, grocery stores, c-stores, and manufacturing plants.
Jackson County, MO
For many years this business has provided seamless steel siding - premium vinyl siding products and quality windows. The company has an excellent reputation in the community with great Google reviews and very positive reviews with Angie’s List. This business is a perfect opportunity for either an entrance into the home improvement business or as an addition to an existing business. The company has a very good website refurbished in 2013. Revenues of $400,000 - $500,000 annually. This business has a strong potential for future growth.3
A full service insulation company installing fiberglass, cellulose, rockwool and spray on urethane foam in residential and commercial buildings. An experienced crew of installers servicing a large customer base of homeowners and loyal builders provides a steady source of income. A commitment to excellent products and service with trained personnel has proven to be the key to the company's success. First six months of 2014 has shown a 40% increase in sales over the same period of 2013.
Westchester County, NY
Emergency service home restoration franchise is available for resale. The company specializes in insurance based water, fire and smoke mitigation as well as mold remediation and full reconstruction. Part of a franchise network that provides insurance accounts that produced $134,00.00 in sales during first quarter 2014. This is a turn key operation that provides immediate workflow and 24/7 support networks. All vehicles, equipment and inventory are fully transferable with sale and are owned outright. Huge growth potential within the current market as well as adding additional services. Perfect add on for contractors and/or cleaning services looking to expand.6
We are a reliable wood flooring company in Portland, Oregon and the surrounding communities. We have a well established reputation and longstanding relationship with some of Portland's busiest residential and light commercial builders and remodeling companies. We also work with designers and real estate companies and their clients. We are know for our expertise in alternative finishing techniques, complicated and technical repairs, and high end custom installation. We are a "word of mouth" company and don't advertise, and yet we are consistently booked out 6-8 weeks. We get referrals from suppliers, previous clients, and business partners. Profits have grown steadily since beginning, and we prospered during the 2008 recession while others closed their doors. Currently we are 4 seasoned employees and 1 owner. The crew handles all the work, allowing the owner to focus on running the business. Call-backs are very few to none. Great moral among the crew making a strong team to get the jobs done on time and within budget. Owner wishes to sell to have more time to pursue a 2nd family business. Furniture, Fixtures & Equipment: Full sanding and installation equipment for 3 complete vans. Inventory: Overstock of wood flooring, various species. Sanding belts, sanding discs, overstock of gallons/brands of finish, misc tools and supplies.
Alameda County, CA
Business is centrally located in San Francisco Bay Area since 1984. We work with other contractors and supply many unique to basic needs that they require. Many different services are available here for the Contractor. Structure excavation, utility trenching, foundation drilling, shoring, concrete demo & equipment rental. We also have reliable subcontractors that work for us and we have a network. Corporation has the A General Engineering License, Certified California Small Business, Cal Trans, Certified San Francisco Human Relations Commission, That's some of what we do! Options, business sells as a operating small business, with or without location, with or with out equipment. Listing price includes everything for the business, rolling stock. Real estate is another price.5
Worcester County, MA
Demand for Gas throughout the Eastern Seaboard and especially New England far exceeds Supply. This Gas Pipeline Construction Company is an advanced stage player in the high growth, natural gas pipeline installation and servicing industry with multiple diversification opportunities, e.g. CNG...and needs an experienced investor and operator to help it reach its potential. This company combines the experience, competence and professionalism of its personnel and as such is positioned to be immersed in this dynamic growth industry. They hold a rare "Preferred Vendor" status and have approved contracts extended through 2018 with the largest energy infrastructure company in North America. Projected Revenues are excellent for substantial, accelerated growth over the next 3 -30 years due to New England gas pipeline infrastructure expansion and industry ripple effect. New buyer must be capable of major strategic & financial decision-making immediately to seize the many diversification opportunities.
Currently being featured on a nationwide syndicated show on cable television! If you have your eye on television appearances or want to team up with a Company with an "in" for the entertainment industry, this is your ideal acquisition target! Will entertain partial sale or equity buy-in's etc...subject to Seller approval and general feel-good after personal meetings. This is a fully compliant, clean books and records construction and property management firm that is in turnkey condition for a strategic buyer looking to gobble up market share. Could also be a suitable acquisition target for someone with relevant industry experience who would like a fully staffed turnkey operation with exceptional good will and a superior talent grab for many construction related activities. Current services include concrete work, kitchen and bath counter tops and cabinetry, door and window maintenance and installation, flooring repair and installation, general contractor services, painting, plumbing, HVAC, landscaping, plumbing, and miscellaneous building improvements. SBA loan in place for 1/2 of the purchase price, balance to be combination of Buyer's cash or equivalent and Seller financing subject to negotiation. $100k+ A/R and $170k Assets included with the sale of the business. NDA is required for due diligence package on file with the Broker.
Dynamic specialty construction company focusing on the local government, commercial and residential markets. This opportunity is a well oiled machine for the right buyer to take to the next level. The business has 3 revenue streams Commercial / Government, Residential, and franchise development. The owner has also developed a world class marketing system that efficiently captures referrals, identifying new strategic partners, receiving free media and social media, and producing many unsolicited project awards. The company products are already approved for use by DOT's and other state / federal agencies therefore already entrenched with many state and local governments, commercial, and residential developers. The company has been established as a " Sole Source Contractor" with large and small GC's throughout the Mid-Atlantic The owner has created significant brand value by developing it's brand to recognizable status though out the Baltimore / Washington Metro and other mid-Atlantic markets. This was achieved in part through a unique marketing system and by working directly with Architects, Landscape Architects, Civil and Traffic Engineers in insuring the specification of their branded products in upcoming government and commercial construction projects. Also much effort has been spent though the creation of strategic alliances, being designated as Sole Source provider, working closely with large and small contractors and GC's, and having terrific intellectual property and a well optimized website along with professional and unique literature. Their products have been utilized at many high profile / traffic locations ( NYC Times sq., Kings Dominion, Home Depot, and the San Diego Zoo). The business has had a backlog of contract for many years, that is a benefit for the new owner. Instant cash flow!! This business in short is well developed and run, thus making a great opportunity for the right buyer. Call Greg Ellwood at 703 462 2334 for more information. Confidentiality is required. Comments:
The same careful design and attention to detail this company brings to each its upscale remodeling jobs is reflected in the design of the business itself. Built systemically, this is a rare opportunity to own a construction business that is not dependent upon the owner for daily operations. Best practices are established, documented and the employees are trained to follow proven, repeatable systems to produce consistent, positive results. Financially, the business is performing extremely well, generating SDE of $259,088 in 2014 and a net margin of 11.3%. For 2015, the business is on pace to meet or slightly beat last year in both sales and profitability. Revenues have shown steady growth over the past several years with 2013 showing somewhat higher numbers related to a big commercial job. The business is priced at a very attractive multiple, particualry so given the high quality of operations. Some unique attributes of the business include maintaining a direct labor force of highly skilled W2 employees, a full time Quality Control Manager and the implementation of tablet technology by all field crews. Additionally, proven Marketing Strategies and Sales Systems are in place to ensure a continued flow of new leads and a sales system to convert leads to paying customers. If you want to own a construction company but not have a hammer in your hand, this is a turnkey opportunity. The business is located in the Tampa Bay Region and includes a newly remodeled office (1,500 sq ft). The business is a perfect fit for a builder desiring to quickly establish and grow, a regional company wanting to scale or a contractor wishing to re-locate to Florida. The business has a sterling reputation and stands head and shoulders above the competition through it's systematization and market reputation
Fast Growing & Very Profitable Maintenance and Inspections company provides property preservation, inspection and renovation services to mortgage default industry. The company is a fully licensed general contractor currently servicing 800-1000 homes per month in Florida and capable of handling any sized project. Significant growth potential.
Rockland County, NY
Successful electrical contractor headquartered in Rockland County, NY. Virtually all contracts are commercial/industrial. The company is recognized as an industry leader in providing quality electrical installations on time and within budget, servicing the needs of the lower Hudson Valley NY and northern New Jersey. They hold licenses in Rockland, Orange, Putnam, & Westchester counties in NY, and the state of New Jersey. Their clients consist of big box stores, large restaurants, medical office buildings, laboratories, large warehouses (1/2 million SF), mall retail stores, casinos, military facilities, high end custom homes (under 5%). The hard assets (vehicles, furniture, fixtures, equipment, tools & inventory) are available to the buyer on an as needed basis and is not included in the asking price.
Wake Forest, NC
This is a fantastic opportunity to own a well established HVAC installation, maintenance and repair business with an exceptional reputation. The company has been in business for over 30 years and primarily serves residential customers, many of which are under maintenance contracts. The business is well established, it is a turnkey, it has reliable technicians with significant industry experience, the business enjoys a fantastic reputation based on its superior customer service and it is a well known brand in its market. This opportunity makes for great investment for an entrepreneurially minded owner/operator looking for a business with great growth potential or for an existing industry participant who would enjoy significant operating synergies.
Highly profitable door installation and maintenance business for sale.
Established garage door installation and service business, serving Vail and the surrounding communities, both residential and commercial. Old school service with an excellent reputation, perfect opportunity for someone mechanically minded and service oriented.
Iowa City, IA
This business is primarily a mobile business where the work is done at the site. It is very well known for superior work and customer satisfaction. This business is very well established and is very well known by all large, medium and small general contractors in Eastern Iowa. The buyer will immediately step into a steady stream of work-in-progress, much of which is from long-standing customers. More specifically, we have over $300,000 in signed contracts and work-in-progress heading into mid 2014. The new owner will have a solid pipeline of very profitably work.
Up for sale is a profitable, thriving business specializing in interior demolition and the removal of hazardous materials such as lead and asbestos from public and private buildings. It is the only business of its kind in central Alabama. As the owner of this business, you would bid on frequent and lucrative contracts for hazardous material removal. The amount you travel would be up to you, depending on the jobs you intend to bid. Most jobs are generated through federal contracts; therefore this business is especially appealing to Women/Minority/Veteran-Owned Businesses. This business has existed and thrived for over 25 years. This business is for sale because the owner is nearing retirement age. This business currently has eight (8) full-time employees, including two (2) office managers and six (6) trained and certified abatement specialists. Competitive and accurate bidding for environmental abatement jobs requires experience and technical knowledge that can be gained with on-the-job training. The Asbestos Removal License will convey with the building. The seller is willing to remain with the company for a period of time to train the buyer to proficiency (not to exceed a negotiated period). This business was appraised in 2014. Appraisal results can be discussed once the buyer is prequalified for financing. Prequalified prospective buyers must be prepared to sign a non-disclosure agreement before seller divulges information on operations. Assets that will be transferred with the business include the 1300 square foot office building, 1500 square foot storage facility with additional storage sheds adjacent to the office building, all on 2.5 acres of prime commercial real estate located on Highway 14 in Tallassee, AL, as well as: 1996 Isuzu NVR 14 foot Box Van 2000 International 1 1/2 Ton Dump Truck 2006 Ford F-250 Crew Cab Diesel Truck 2008 For F-250 Crew Cab Diesel 1992 Club Wagon Passenger Van 2005 Anderson Equipment Trailer 1980 Case 580K Backhoe Loader 1969 Caterpillar D3B Dozer 16 Foot Horton Enclosed Trailer Abatement Equipment, including air handling units, pressure washers, sand blasters, generator, etc. Supplies for Abatement Jobs Seller is willing to negotiate possible leasing arrangements for land and buildings. Please contact Terry via this posting for more information.
Established, profitable business in a perfect market for the tradesmen. The return clients and new prospects desire a high quality product and are willing to spend for high quality work. The business location is difficult to secure and is a central location to the market.2
As of TTM period ending 06/30/2015 (approx): Total Revenues: $6,063,000 Rental Revenues: $5,364,000 (89% total revenues) Adjusted EBITDA: $2,887,960 (48% total revenues) Multi-location construction equipment rental company catering to construction and industrial customers in strong SE US market. Company is experiencing impressive growth trend, more than doubling revenues from 2011 to present. Multiple geographic growth opportunities exist within and adjacent to current trade area. Rental fleet with original cost of $12,540,000 (approx.) as of June 30, 2015, with over 47% of total fleet value purchased in the past 18 months. Two-thirds of rental fleet consists of aerial equipment (boom lifts, reach forklifts, scissor lifts) while the remaining fleet consists mainly of small-midsized dirt equipment (mini-excavators, skid steers, compaction equipment, backhoes). Company operates multiple locations with impressive facilities and equipment yards throughout trade area. Additional facility opening after first of year 2016; expected to generate $1.7M in first year and $3M within first 36 months. Trade area heavily focused on industrial, manufacturing, domestic/international trade, construction, technology & biomedical I&D, tourism; home to many Fortune 500 companies. Extremely loyal customer base of small-medium sized construction contractors (plumbing, utility, electrical, roofing, paving/concrete, masonry, retail, residential, road, industrial). Low customer concentration: top customer generates 2.5% total revenues while top 10 customers generate 16% of total revenues. Company has experienced management team currently overseeing day-to-day operations; 31 total employees. Owner serves in "support" role, dedicated to mainly reviewing financial performance and overseeing opening of new facility. Due to reaching retirement age, owner seeks acquisition by larger, financially capable organization willing to devote the capital to pursue the Company's growth opportunities. Transaction can be structured as purchase of assets from the "S" Corp, excluding real estate. Owner (late 50s) willing to stay on for transitional role or longer-term advisory role.
San Francisco, CA
Seeking active equity partner/CEO manager for specialized construction company. Ideal person would invest their equity share with option to buy out founder’s share over time. Contractor/Builder/Building/Materials/Architect/Structural/Civil or Mechanical engineering experience and/or commercial property owner in San Francisco is right fit. Many leads and unable to handle all, great expectation plans for future of this unique convergent business model with an 18 year history. Lean forward with me and make it yours…..life time opportunity in San Francisco and all of California and beyond. Associates, vendors, business model process, and strategic future plans all in place, ready for a runner.
Washington County, PA
Established handyman service business. Nationally recognized. Profitable since inception with extensive repeat clientele.
Successful Commercial Electrical Contractor client is looking for an Investing business partner. Your return of investment can be massive. The current owner has 28 years’ experience in the Industry, and started this own company in January 2014. In 2014 the company contracted $6,550,673.27 worth of contracts, and it had 25 field workers and 4 office workers. My client is looking for operating capital for the next couple of years to be able to bid on large contracts. He is willing to give 70% of the company to the new investing business partner and only keep 30% for himself. He is also willing to do all the work, and give monthly income to the investor. Anyone familiar with the Commercial Construction Industry is aware that owning, or co-owning a well-run Commercial Electrical Contractor Company is similar to owning a cash machine. There is no other segment in the Construction Industry that can bring the revenue that the Commercial Electrical Contractor can make.
One of my clients has a Construction Business – General Contractor for sale in Louisiana. The company is doing great. My client is selling it for health reasons. My client’s company is 11 years old and is very well known and respected in the area. Business is located close to a very large city, with exceptional business opportunities for both residential and commercial work. Business is also located close to a major federal establishment, and has been a preferred vendor for that establishment for many years. This is a great opportunity to expand with a crew that is already well established and is already a preferred vendor in that area, together with all their references and clients. The company is a full service General Contractor Construction company providing the following services in-house: Wood Framing, Interior Trim, Exterior, Carpentry, Selected Demolition, Metal Framing, Drywall Hang & Finish, Acoustical Ceilings, Insulation, Metal Studs, and Welding. Company Listing ID for this listing is: CGLA – 00125. Gross income: $1,648,804.36 Net income: $641,914.99 Sale Price: $695,000.00 Owner is willing to train and help with the transition. He is also willing to finance part of the acquisition price. Feel free to call or email me if you are interested in this opportunity, and I will gladly give you more details.
This business specializes in Insulation, Soundproofing and Fireproofing installation services for retrofit and new construction buildings (both residential and commercial). It is well established, with a recognized brand, a far reaching online presence and a proud history of satisfied clients. Most importantly, they have an excellent reputation in the marketplace for their integrity and reliability, and for providing high quality work, as witnessed by the constant positive reviews they receive. Consequently, this business has enjoyed impressive revenue growth since it began operations eight years ago. And because of its well established reputation the growth potential, moving forward, is significant !
Mecklenburg County, NC
The Company has been a highly successful distributor of building products for residential and commercial applications since 2006. It has grown by an average of 30% during each of the past three years – without any dedicated sales force. Company is the low-price leader, because it works directly with international suppliers and maintains low overhead. Located in the rapidly growing metro area of Charlotte, NC - one of the most vibrant cities in the southeast.
They provide commercial and residential flooring products and installation services. The gross revenue is heavy on the commercial side. The seller believes that larger commercial jobs make the company easier to manage and commercial work tends to be higher volume on a per job basis than residential work, therefore they have focused most efforts on commercial work. Approximately 85% of the gross revenue is from commercial work. Much of the commercial work is from contractual relationships. The company is based out of Mesa, Arizona conveniently located near the Loop 202 where they maintain management offices. The business model requires a very small “office” footprint which translates to very low occupancy costs. The business model requires no management other than the seller. They maintain very little inventory by ordering material for each job. They maintain a CR-8 license with the Arizona Registrar of Contractors that permits both residential and commercial work. Their work is performed in the Phoenix metro area as well as northern and southern Arizona cities.
The owners are going to retire. The business provides high-end solid surface counter top, surrounds and showers. Sears approved installer. Good reputation and very profitable. The business is turn-key and the seller will train the buyer. Sale includes $178,000 in inventory and $67,000 in FF&E (including wet saw). 2 Delivery/service vehicles. Make money from day one.
Green Bay, WI
Special Financing Option: Buy this business with $100,000 down and earn your down payment back by July 4th, 2016!!! This profitable landscape company is a niche provider of landscape and maintenance services offered to businesses and high end residential customers throughout Northeast Wisconsin. The firm offers a four season’s approach to creating and maintaining a professionally designed landscaped presence. Utilizing both in-house capabilities and managed subcontractors, the company installs and maintains the grounds surrounding upscale homes, apartment buildings, offices and retail locations. Long term maintenance contracts provide a stable cash flow and replacement sales. A unique commitment to staff training and service standards assures consistent delivery of the company’s products and services. Excellent back office systems support a smooth running, profitable business operation with minimal owner involvement. With a staff of 6 year round plus seasonal employees, the company has a service footprint including the Fox Valley, Green Bay area, Oconto, Marinette and Door County. The 2015 season is in full swing with record sales on the books and excellent profit margins. This is a turnkey business with unlimited opportunity for the right new owner, with a strong brand, great location, well maintained equipment and great staff. Limited seller financing will be considered.
Blue Island, IL
This is a Proven tree service with excellent reputation and long history of satisfied customers. with the sale comes equipped with chipper, chain saws, 7 trucks and hi ranger boom, small tools of stihl trimmers, blowers, power washers, trailers,stump grinders and snowblowers and much more. Equipment list by request.
Sarasota County, FL
This rapidly growing remodeling company initially started with smaller scale remodels and to date has grown into a full scale remodeling company. The revenues have gone from 800K+ in 2012 with the possibility of breaking Two Million in 2015. Much of the company's growth can be attributed to their creative design, personal service, quality construction, and integrity, all of which have earned them a stellar reputation with a long list of satisfied clients. Their skilled tradesmen work only in their area of expertise. Their passion is making clients' dreams a reality. The process is fine-tuning a job from start to finish. All financial representation comes right off the past three years of tax returns which make this business a strong candidate for SBA LOAN FINANCING! Call or e-mail for this incredible opportunity. Additional information is available following receipt of a signed confidentiality agreement and proof of financial credentials for this business acquisition.
This is a very well established HVAC (heating and cooling) company offering service, repair, design and installation of all heating, air conditioning and ventilation systems for commercial businesses and residential homes. Approximately 75% of the revenue consists of residential business and 25% of revenue consists of light commercial work (10 ton units and under). The revenue is comprised of custom residential new construction 31.5%, commercial installations 19%, residential geothermal installations 3.3%, residential replacement installations 23.4%, residential demand service 8.8%, commercial demand service 7.4%, residential/commercial maintenance agreement service 6.3%, and a small portion of counter sales. Areas served include a major metropolitan city in Michigan. The company has a large group of well trained and tenured employees. The company has have been exceptionally profitable over many years and has one of the best reputations for quality and service of work in the HVAC industry. This business offers a unique opportunity to acquire a turnkey enterprise with pristine financials, a loyal and desirable commercial and residential customer base, and a hard-to-find business model based on recurring revenue. This is an excellent opportunity for a savvy, business-minded investor to purchase an outstanding business or for an existing company to grow through acquisition.6
This is an excellent opportunity for one of several kinds of Buyers who want a growth vehicle in a highly fragmented market. If an entrepreneur or an existing company owner wants to add this company's current service offerings of sprinkler / irrigation systems, night lighting systems and/or holiday lighting systems to their existing company offerings and grow in existing and/or additional geographic markets, this company can serve that purpose. Please see the Growth and Expansion comments already noted. This is an excellent opportunity for the new sales oriented entrepreneur and/or company management team who wants to use this company a as growth vehicle.
Boulder County, CO
Long Standing Staple in Colorado for finely crafted mouldings, doors, exterior millwork & custom entryways, cabinet doors & premium windows, stair parts, carvings & embossed mouldings, beams & trusses, flooring, columns & turnings, wine cellars, hardware and more. Great customer base, long standing relationships accompanied by expert design and manufacturing set this business apart.
Steamboat Springs, CO
This is your opportunity to live in a world class ski town and take advantage of the construction boom that has just started. This town is growing fast with many new second homes and condominiums being built and remodeling at a record pace. This business is dominating the market and can only grow with the potential to reach $2,000,000 in sales this next year. They have a solid group of contract installers and commission based sales reps that are the best and a reputation that matches. Only in Colorado can you find a business for sale like this and also enjoy skiing, hiking, fishing, hunting, golfing and everything else the mountains can offer.6
Woodland Hills, CA
We actually have two different companies for Sale. We are selling them separately or buy both at a discount. First, is Castle Refinishing. This is an established Bathtub, Sink and Tile Refinishing company. Kitchen and Bathroom Refinishing is consistantly ranked in the top 10 home based businesses in Entrepreneur Magazine. Way too much to explain so just do your homework and see for yourself. It's a very easy to run, High profit business in the home improvement industry.. We are very established in the Santa Barbara, Ventura and Los Angeles counties. We have a great reputation, 5 star ratings on yelp and a ton of recurring business with contractors, realtors and apartments. You can check us out at www.CastleRefinishing.com The second company is Castle Shower Doors This is selling and installing Custom Shower Door Enclosures. This is another easy to run, high profit business in the home improvement industry. We have an established account with the largest glass manufacturer in the United states which gives us access to high quality custom shower enclosures at factory prices. We make a very high profit on the mark up and installation. Check us out at www.CastleShowerDoors.com Both come with all the equipment and training you'll need and because they are established you'll be making money from day one !!! Both companies are being sold independently at $65,000 each or together for $120,000. The two really mesh together nicely because they're both related in Bathroom remodeling industry.
Hillsborough County, FL
Since 1997 this business has specialized in the installation and repair of residential and light commercial garage doors and garage door openers. The business has an outstanding reputation for providing quality service, with about 45% of the business coming from repeat customers. Seller may consider seller financing for a well-qualified buyer. This is a turnkey business; don’t miss out on this opportunity. Interested in learning more? For a complete presentation please contact Tim Bellon at 813-326-7252.
Well established company that focuses on retrofitting existing doors and exterior door replacement, as well as retail sales and installation of specialty interior doors and door accessories. Beautiful showroom; reasonable hours; great website and customer reviews. The business represents quality manufacturers and products include glass doors, patio doors, entry doors, exterior/interior doors, and glass inserts. Great growth potential. Owner will provide complete training and is willing to stay on for a considerable time to affect a smooth transition. Don’t miss out on this outstanding opportunity. Interested in learning more? For a complete presentation please contact Tim Bellon at 813-326-7252. Important Notice: This is an operating business being offered for sale confidentially. Interested parties must complete a Non-Disclosure Agreement, Personal Financial Statement, and a Buyer’s Profile. Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.
With 2014 sales of $671,000 and owner earnings of over $180,000, this 8 year old company is poised for continued growth. 2015 sales should exceed $800,000 with owner earnings well over $200,000. This company does residential painting as well as commercial painting which includes offices, condominiums, and apartments. They currently have around 25 commercial accounts. In addition, they do green painting, wallpaper removal, deck sealing and staining, fence staining and painting, pressure washing, and drywall and plaster repair. User friendly estimating software is used in the company so buyer transition to understanding and operating the business is seamless.2
This is a fun but demanding seasonal Holiday lighting business. It is run by a husband and a wife team with one additional helper. We had gross income of $97,622 last year, but our net cash flow (SDE) after ALL expenses were paid was $82,004. Since I utilized tax depreciation (Section 179) the seller's discretionary income matches the net income. That means our business last year had a profit margin of approximately 84%. That profit margin isn't a typo and I'll gladly show you the numbers that back it up (I'm a numbers nerd and the books are immaculate). The profit margin has actually increased over the last few years from mid 70's up to 84% as we have essentially stopped advertising, extracted additional revenue out of current clients, and been very selective with taking on additional clients. We learned in business a long time ago it doesn't matter what you make. It matters what you KEEP. After being in this industry for over 15 years (this is our second holiday lighting business) we have perfected the business model to extract as much cash out in as short a time as possible. We calculated the selling price of the business by multiplying the SDE of 82K times 2 which equals 164K added the lighting assets which total about 27K then I subtracted a couple of grand to get 189K. You will make back all of your money on this business plus another 50K in a little over 2 calendar years, but only a total of about 24 - 27 weeks (3 total seasons, 8-9 weeks per season) of actual work. FYI, if you aren't interested please don't email me any snide/ snarky comments about the way I priced the business. We have already heard from the financial geniuses out there and we aren't impressed by your brilliance. This business has an opportunity for two different types of buyers. The first type of buyer will work like my husband and I work which averages about 80-85 hours per week 7 days per week for the first 6 weeks. Then about 50 - 60 hours per week for the take down period which lasts about 2 weeks. You will maintain the client base that we currently have and make strategic client acquisitions as they come along. This strategy will allow you to maintain or make smaller incremental gains in the profit margin, but you will sacrifice top line growth as the operation remains smaller. The second type of buyer will look to expand operations and top line growth by adding between 3 and 4 crews. This expansion will take some additional capital (approximately between 30 - 40K of additional capital) and will reduce your profit margin. However, the top line expansion will allow the business to have more net income over a 2-3 year period than staying status quo. If your interested please check out the business website to learn more and drop us an email to get the process started. If your goal is to extract information from us to start the business on your own please don't waste either of our time. We may be considered blue collar, but we are fairly savvy and we can smell "that guy" coming a mile away. Thanks for taking the time to read these ramblings and happy business hunting!
Orange County, CA
Participate in the growth of the Southern California commercial real estate market. This commercial interior design and planning company is growing with the market. Centrally located in Orange County, its projects also cover Los Angeles, San Diego and the Inland Empire. The company has strong profit margins and 2015 expected revenue of $1.1 million is tracking 25% growth over last year. It is well established and has long term relationships with local developers, contractors, property owners and property management companies. The owner is committed to the continued success of the company and will stay for a long transition – up to a year.
The heavy equipment is worth $3,500,000 and will sell for $2,500,000+ at auction. The business is worth $2,500,000 based on cash flow. alone. Add the equipment and the business ownership and you are looking at a 15-18% ROI
Insulation Service Company with over 30 years experience and multiple locations located in the southeast offering the following products and services is looking to sell and retire. · Solar · Spray Foam · Fiberglass, cellulose insulation and related products · Roof Coatings and Foam Markets consist of primarily retrofit single-family to make homes more energy efficient and comfortable. Other markets are Multi-Family, light commercial new and existing. Revenue for 2015 is on track for 6 million with margins averaging in the 40% to 50% range.
We are a Minority and Women-Owned Concrete/Flat work Construction Contractor in Colorado that does public and private sector Highway and Roadway Concrete Pavement, Curb and Gutter and Sidewalk work. A True Win/Win Transaction: This is a very unique transaction as compared to a traditional sale of 100% of the business for a given fixed price. The owner is fine to sell 100% of the company and/or stay on for many years to come as she is only 36 years old. However, as you will read, it is likely that a buyer/investor/partner, will seek to NOT buy 100% of the company, but instead, to invest $500,000 into the business to pay down some debts to get the business on a better financial footing, in an effort to bond for larger jobs. This working capital is needed to get the business to $10MM-$15MM in sales next year, with much higher profits. Simply put, we are a $5MM/Yr. concrete contractor who can triple in size immediately and increase profits substantially. The seller is very confident of this growth because she is a 100% women AND minority-owned company. As such, she and the company have a tremendous advantage over a male/non-minority owner. Minority/ women-owned companies are considered disadvantaged and there are many designations certifications such as Disadvantaged Business Enterprise (DBE), Small Business Enterprise (SBE), Emerging Small Business (ESB), Minority/ Women Business Enterprise (M/WBE), and Regional Transportation District – Small Business Enterprise (SBE). The seller has all of these invaluable certifications which will allow her and her 49% partner/ co-owner will a much higher percentage of jobs that other contractors and in the process submit a 8%-13% higher bid and still win the contract in most cases. There are NO OTHER WOMEN OR MINORITY CONTRACTORS THAT WE COMPETE AGAINST. This is a tremendous advantage for success. What We Do: Highway and Roadway Concrete Pavement, Curb and Gutter, Sidewalks, Handicap Access Ramps, Concrete Slabs, Parking Lots, Bike and Pedestrian Paths, Bus Pads, Foundations, Earthwork, Concrete Driveway, Concrete Curb Ramps, Remove & Replace Concrete, Concrete Ramps. We have a powerful combination of human, physical resources, and equipment to handle the largest project while maintaining high quality work, even in the smallest details. We work closely with clients, offering them a history of construction experience and we work as a proven team to produce excellent results at top speed. Who We Work For: We provide full site service development throughout the state of Colorado. We have served the greater Denver Metro area as a dependable, professional, on-time, and on-budget concrete contracting service. For over a decade we have successfully developed highways, roads, curb & gutter, and other flat work with City and County, CDOT, Commercial, Industrial, and private customer's jobs. Our mission is to meet and exceed our client's expectations while providing the highest level of service and excellence in the concrete industry. As one of the concrete construction companies in the greater Denver Metro area, we have the staff, equipment and knowledge to internally complete all facets of concrete construction. We provide all elements necessary to complete your concrete project for concrete paving, curb and gutter, sidewalks and much more. This $5MM per year concrete/flat work business has many great things going for it including the following: - In the recent-past the business grossed over $5,000,000 in sales. The seller has gone on record to state that she can have 3-4 X’s the work they now have on the books/under contract. She states that there is all the work she and other concrete contractors want out there. Even for non-women/non-minority contractors, there is more work than we can all handle. BUT, for a women/minority-owned contractor, we could easily do $20,000,000 in work in 2016 IF WE ONLY HAD THE BONDING CAPACITY AND WORKING CAPTIAL TO FINANCE THE WORK.. It takes money to make money. This is what we don’t have. - The business has always been 100% owned by a minority women and holds many invaluable certifications/designations that NONE of its competitors hold. Consequently, the company enjoys tremendous preferential treatment in the competitive bid arena for city, state, and federal public government work. These certifications/designations include: · State of Colorado – Disadvantaged Business Enterprise (DBE) · City and County of Denver - Small Business Enterprise (SBE) · Emerging Small Business (ESB) · City and County of Denver – Minority/Women Business Enterprise (M/WBE) · Regional Transportation District – Small Business Enterprise (SBE) - In addition to these coveted designations/certifications, the owner is immediately eligible for the incredible 8(a), WOSB & EDWOSB to secure potentially 10s of millions of dollars in contract work for dozens of defense contractors that work for the army and other military departments. - It took 12 years to obtain all of these certifications/designations - and again, are ONLY AVAILABLE TO A MINORITY/WOMEN-OWNED BUSINESS. (Owner must remain at least 51% owner going forward in order to maintain this status.) Simply put, because of its status this company is likely to win the large-majority of bid work it pursues, but most importantly, it can charge often 5%-10%, or more than the next-nearest competitor and still win the bid. This is because city, county and state governments MUST provide a minority or women-owned contractor a certain percentage of these contracts in order to secure free federal government grants federal monies. We are talking about $100s of millions annual budgetary dollars that are given to Colorado each year IF city, county and state government work is given to minority/women-owned contractors. In short, the owner has the deck stacked in her favor as it related to winning practically all the work she can perform and finance. Again, our company can be the highest bid in the "bid-hat" by a margin of 10% or more in some cases, and still win the contract... - We provide full site service development throughout the state of Colorado. Since 2003, we have served the greater Denver Metro area as a dependable and professional on-time and on-budget concrete contracting service and has successfully done business with City and County, CDOT, Commercial, Industrial and private customer’s jobs. During this time we have successfully developed highways, roads, curb and gutter, industrial and commercial sites, local, county and state projects for both private and public customers. Our mission is to meet and exceed our client’s expectations while providing the highest level of service and excellence in the concrete industry. - We hold a 12 year history of flawless performance and the cleanest reputation in concrete construction. We have completed hundreds of jobs with a stellar outcome, never left a job incomplete and have always achieved 100% client satisfaction. We have a perfect safety record with OSHA violations and no Workman's Comp. or insurance claims in the past. - The business already has over $8 million in contracts to perform in the immediate future. - We have $468,000 worth of very efficient and top-of-the-line equipment to perform for construction projects. Well.... of course all of this sounds great... The seller is only 36 years old and loves what she does… Therefore, why would she be selling, especially given the tremendous advantage in bidding government work? Truth be told, the business has a weak balance sheet with low working capital. Simply put, for a variety of reasons (that we will cover in this write up) the seller owes approximately $120,000 in past due payroll taxes. Being behind on payroll taxes has eliminated the seller's ability to obtain credit lines from banks and most importantly she can no longer bond big jobs, which is where the higher-margin/profitable work is. Being a minority women in the concrete construction business, the seller could bid work at a substantial premium and still be likely to win the bid vs. a non-minority male-owner company competing for the same work. (We will cover why this is the case below.) Further, a quick look at a recent balance sheet would show that there is not enough working capital to finance these larger jobs. As stated, with a weak balance sheet you cannot obtain bonding for the larger jobs in the 1- $5 million range, which are far more profitable and less competitive. Colorado, and the entire Rocky Mountain Region is currently experiencing explosive growth in all sectors of its economy, but construction for public and private sector construction has been nothing short of the incredible lately. There are hundreds of large concrete and flat work projects in every area of the state and all sectors. If we had more working capital and were able to bond these larger jobs, the seller is 100% confident that she could obtain $10-$15 million of highly-profitable work in the next 12 months But again, she simply doesn't have to working capital to pay off the back payroll taxes due and have another $200,000-400,0000 to finance the work she can win due to het status. The Deal: The seller seeks a win-win partnership/relationship whereby she can obtain the working capital to pay off about $130,00 in back payroll taxes, as well as another $200,000 - $400,000 in new working capital to strengthen the company balance sheet so she can once again hold the credit-worthiness to re-obtain her bonding status the pursue and perform bigger jobs again. She also seeks a business partner who can work in concert with her to get the company back in shape and drive it forward. It has become clear to the seller, that she has a wealth of knowledge in the concrete/ flatwork industry itself, however, she realizes she is NOT the best “business person” when it comes to managing finances, collecting money and bidding work more aggressively, i.e., with greater profits. This is a $5MM/yr. company that can easily grow to $15MM within 12-18 months, with the right working capital. However, even with a stronger balance sheet, it is too much for her to manage the operations and field and ALSO the business, sales, marketing, HR, collections, and business development. She admits she has no formal business background to run the business-related aspects of a company this size and needs help going forward to get the business on a more profitable footing. In summary, she seeks working capital and working partner that can complement the areas in which she is weak. The reason the balance sheet is weak and the business has NOT been as profitable as it should have: As a business broker who has reviewed this business, it is clear to me that the seller has simply NOT been charging enough (bidding the work with enough profit in it) as she should or can. Being a minority/women-owner contractor, the seller can likely bid work much more aggressively and still get it, thus making more jobs. As they say, “ it costs nothing to raise your prices”. For instance, in 2013 she grossed over $5MM in sales, but netter $23,000. Denver/ Front Range and the entire state of Colorado is going through an explosive construction boon; most-all contraction and construction-related companies are making money hand-over-fist, especially during the past 4-5 years. Things are going absolutely nuts out West. The seller is a “very nice, but is not an aggressive” business" person, to put it mildly. As stated above, having all of the women/minority designations possible, she could charge perhaps 10%-15% more per job and still be confident to get it. During the past 5-6 years she has been forfeiting substantial profits that should be falling to the bottom line. This is another reason she needs a partner – not only for the capital infusion, but more importantly to take over the “business/finance/sales and marketing aspects of the company. The seller does NOT want to sell the company, but needs an aggressive business partner ASAP. The seller is only 36 years old, absolutely loves the industry, and has a wealth of knowledge on how to run jobs, runs crews, and how to get work from city, county and state governments as well as private sector work. She states, “everyone wants us to do work for them”, but we need someone to step-in and take control of all aspects of the “business” so then she can cover the field operations and procuring work due to her and the company's excellent reputation for high-quality work. Safety and Training: Our safety program is a high priority for management and field employees. The mission of our safety program is to ensure that workers at all levels are properly trained in the safest ways to perform their jobs. Our commitment to safety is demonstrated by our commitment to on-going training, a full-time safety direct and quarterly management meetings that stress job site safety. We work closely with our insurance risk managers to complete job site safety audits and evaluations on a regular basis. We maintain a strong focus on safety in every task we perform and this has become an important element that sets us apart from our competition. We provide training for all levels of personnel to meet and exceed OSHA requirements. This begins with our new hire orientation; which involves safety videos, review of the safety manual, and on the job safety training. We require a high level of safety training for all field supervision and provide the tools necessary to complete the jobs safely with the emphasis of preventing accidents and ensuring a safe working environment for all employees. Organization: One of the key elements to the success of the company is strong organization. The company’s organization is built upon the owner, which happens to be the starting component that forms the company’s organizational structure. It is through this structure that we are able to maintain quality service to their clients. The company owner is responsible for overall supervision and direction of the company in all phases of operation. The company takes pride in the work it performs and the clients take pride in the product they receive. This type of interaction allows the firm to build quality relationships with their clients. These relationships help the company maintain steady work and gain future clients. ___________________________________________________________ Please email below or call Paul at 303-382-1900 for a comprehensive sales packet with the past 3 years of financials and tax returns, and a detailed 40 minutes video interview with the owner and a full site walk-through. We can immediately email the sales packet. Type of Work for these Customers: Curb & Gutter/Sidewalk Concrete Driveway Concrete Curb Ramps Concrete Pavement Curb & Gutter/Sidewalk Concrete Cross pan Remove & Replace Concrete Curb & Gutter/Sidewalk Concrete Pavement Median Cover Concrete Pavement Curb & Gutter Median Cover Curb & Gutter/Sidewalk Curb Ramps/Truncated Domes Median Cover Remove & Replace Pavement Curb & Gutter/Sidewalk Concrete Pavement Concrete Pads Concrete Pavement Concrete Ramps Curb & Gutter Curb & Gutter/Sidewalk Foundation/ Footing Pads Handicap Ramps Earthwork Foundations Concrete Slab Curb and Gutter Some Projects Completed: 120th Avenue Connection/Design Build Project Project No.: STA C800-001 Broomfield, Colorado CDOT SH52 Boulder Creek Bridge Project No.: ES4 052A-031 Boulder County, Colorado Park Meadows Drive Reconstruction Project No.: 061-0279 City of Lone Tree I-25/Arapahoe Road Interchange Improvements Project No.: IM 0881-021 Centennial, CO CDOT SH 287 AT LCR 21C Intersection Project No.: SH 2873-152 FT Collins, CO 80th Avenue over US36 Bridge Replacement Project No.: BR M356-022 Adams County, CO Civic Center Station Concrete Denver, CO RTD - East Metro Pavement Repairs Project No.: 39DE001 Aurora, CO Madame CJ Walker Park City & County of Denver of Parks & Recreation Denver, CO Reunion Square Colorado East 103rd Avenue Commerce City, CO ALSCO Denver 5090 Cook Street Denver, CO Our Customers/General Contractors: Edward Kraemer & Sons, Inc. 900 West Castleton Road, Suite 220 Castle Rock, CO 80109 SEMA Construction, Inc. 7353 S. Eagle Street Centennial, CO 80112-4223 Aggregate Industries - WCR, Inc. 1707 Cole Blvd, Suite 100 Golden, CO 80401 Structures, Inc. 4 Inverness Court East, Suite 250 Englewood, CO 80112 Mountain Constructors, Inc. P.O. Box 405 Platteville, CO 80651 Structures, Inc. 4 Inverness Court East, Suite 250 Englewood, CO 80112 Regional Transportation District 1560 Broadway, Suite 650 Denver, CO 80202 Quality Paving Company 9700 Alton Way Henderson, CO 80640 American Civil Construction 4901 South Windermere Street Littleton, CO 80120 Rim Rock Construction, LLC 1635 S. 700 E. STE 100 Draper, UT 84020 ARCO/Murray Construction Company One Oakbroo Terrace, Suite 300 Oakbrook Terrace, IL 60181
2014 Cash flow was 7,086,145 on $33,933,888 in sales on an Accrual Basis of financial reporting. 2014 Cash flow was $2,694,369 on $29,133,261 in sales on a CASH Basis of financial reporting. 2012 Cash flow was $5,832,150 on $34,770,669 in sales. 2013 Cash flow was $4,278,302 on $26,568,864 in sales. 2014 Cash flow was $2,694,369 on $29,133,261 in sales on a CASH Basis of financial reporting. 2015 Cash flows is "projected" to be $7,000,000 - $8,000,000 on over $35,000,000 in sales. 21 Years Old, Largest Residential Roofing, Sheet Metal, Gutters, and Windows, Business in Colorado. Location: Colorado $13,000,000 Down, Gets $13,000,000 in Assets. Sales Price: $16,000,000-$17,000,000 (depending on how much working capital is left in the business) The seller seeks 75% down at closing and the buyer will step into between $9,000,000 - $11,000,000 accounts receivables completely DEBT FREE, and other assets. In fact, the shareholder equity on 4/22/15 was $12,590,012 plus another $2,903,167 in net income for a total of $15,493,179 in Book Value. 24,000 Roofing Jobs completed This sale includes: Approximately $1,500,000 of equipment (replacement value is about $2,500,000) All debts/liabilities on the balance sheet WILL be paid off at closing by the seller. (except for accounts payables) Approximately $10,000,000 in current and solid accounts receivables backed almost exclusively by insurance companies. The buyer will also assume about $700,000 in accounts payables; this nets out at about $9,000,000 - 10,000,000. (This number will vary depending on the close date.) Our Accounts Receivable are 99.8% collectable historically. This means of the $28,680,585 in sales last year, we allot for just $25,000 for a “default/bad debt” budget. This speaks volumes about the loyalty of our customers/ the strength of the insurance companies we serve, and how they regard the quality of our work. Total Tangible Net Asset Value estimated at $14,000,000-$15,000,000 After 21 years in business, BBB Accredited and “A+” rated. We have "0" unresolved complaints We have an incredible pipeline of approximately $12,000,000 of contracted work (backlog) that the new owner will step into. To illustrate, we did 177 exteriors and roofs in the first 6 months of 2014. But, we did over 300 roofs in the first “2” months of 2015. We are up solidly, and we hope to finish out strong for 2015. It must be made clear here that we do NOT roof just individual homes. A great portion of our most-profitable work is multi-family housing and apartment complexes. Very few companies have the working capital, reputation and workforce to be offered these large jobs. These projects are highly-profitable because we can really scale the work and also because very few people can bid for them, so we can charge more. Very often we do not even have to compete in a bid for them, we just negotiate a price and start the work. As of 5/1/15 we had about $6,000,000 under contract for multi-family housing projects alone. Please Email today for the comprehensive sales packet, including 5 years of financials and tax returns and a 45 minute long video detailing the shop and full interview with the owner. We have a great sales packet! Or please call 303-382-1900. 25 solid and long-standing NON-Union employees: The owner works part-time; about 25-30 hours a week and the entire operation today run "like a top" with great key managers and supervisors. This being the case the new owner does NOT need any specific roofing of manufacturing experience. However, the new owner should be high-energy and hands-on to grow the business. We have 70-80 aggressive sales reps who generate most of our sales. Also, we have 12-15 canvassers who generate lease for the sales reps. The owner only works about 20-30 hours a week, and management runs most-everything today.. Safety record: We have the finest safety history possible. In fact, our insurance MOD-rate is just “.75”. The lower the better, and anything below a “1 is considered good”. A .75 MOD-rate means we get a 25% discount on our liability insurance premium since our workman’s comp claims are so few and industry history is excellent. This speaks volumes about our safety program and the competence of our workers. In terms of injuries, we have collected over $200,000,000 over the past 7-9 years and have JUST 1 SAFETY-RELATED INJURY CLAIM. This says it all. We have completed over 24,000 residential roofs and have billed and collected an estimated $300,000,000 from insurance companies over the past 21 years. Who knows the real additional value of providing flawless service to thousands of customers, and about 25,000 jobs? Please note that we have 60-80 steady relationships with some of the largest and strongest insurance companies that refer us work year-after-year. These companies include USAA, Travelers, MetLife, AAA, American Family, State Farm, and All State, etc. Just as valuable and critical to our success is the 70+ long-standing relationships we hold with large property management companies. A great portion of our work are large apartment and multi-family housing projects, especially during the past 4-5 years with the explosive growth in this sector. In fact, the average for these larger projects are over 10,000 SF in shingle/tiles. It took us over 2 decades to “earn” the right to serve these large companies. They do NOT work with and trust just ANY exteriors company that comes along. Newcomers to the industry or companies who have NOT proven themselves, will spend years trying to get into the relationships that we hold with these insurance companies, and almost never succeed, certainly for the volume that we produce. We have solid a 30-year record of completing quality jobs that almost always exceed the expectations. Who knows what the reputation that we have and the long-standing relationships we hold with insurance companies is really worth? Finally, in terms of great reputation, city inspectors love our work. Each job needs to be inspected in the end, and suffice-it-to-say, all city inspectors approve our work. Sales and Marketing Efforts: in the past we have spent between $200,000 - $300,000 in Yellow Page advertising (and other print ads) to generate leads and establish our name. Today we spend just $24,000/year on print adverting, and about $100,000 on internet adverting. As can be seen above, we expect to generate over $35,000,000 in sales in 2015. This is incredible knowing the low advertising budget we now have in place. “The work just comes to us”, the seller states. In fact, during the 2-3 month period following a hail storm in any one of our states, we receive between 70-110 call-ins per day, many of which we cannot even respond to because of the flood of calls. No other exteriors company has this problem. Having completed over 24,000 roofs in 30 years, our reputation with insurance companies and homeowners provide almost 50% of our new jobs. In fact, the seller states that about 30%-40% of the roofs we have completed in the recent-past are from homeowners who have hired us in the past to complete work for. We installed 2,400 new exteriors in 2014. The owner estimates that over 700 of those roofs we have installed in the past for the same homeowner. "The best leads for new work come from previous customers", the owner says. In addition to referrals and previous homeowner-customers calling in as a source of leads and new jobs, insurance agents themselves send us dozens of new leads/jobs every week. More specifically, a homeowner will call their insurance company with a new claim for a new roof. Most-every national company knows and respects us and our stellar work. They know we are fast, professional, and do great work. Therefore, the agent or claims adjuster will have the homeowner call us directly for us to come visit the house to complete and estimate. Other smaller roofing companies typically do not get endorsed or referred to in this fashion. Again, it took years to build this trust and reputation with large national insurance and property management companies. We do all sorts of commercial and residential exterior work in 12 -13 different cities throughout the Midwest and are all included in this transaction. Basically, these are all different companies that provide roofing, gutter, and metal products manufacturing and installation. However, there is 1 new company (about 1.5 years old) that in-and-of-itself may worth perhaps ½ the value of this entire transaction because of the exclusive nature of it. In short, the newest company that was formed holds the “exclusive right in Colorado” to sell the nation’s highest-quality product in the exteriors industry. In the sales video you will see this product discussed. The seller currently holds an inventory of $4,000,000 - 5,000,000 of this product in the warehouse. (The seller does NOT own the product in inventory, however, he consigns it for the manufacturer.) The seller expects to earn between 25%-35% gross profit on just brokering this product and hopes to sell between $2,000,000-$3,000,000 in 2015 and substantially more in 2016 and beyond. This product lasts up to 3-4 times longer than traditional exteriors products due to it durability and strength. Homeowners and insurance companies are expected to opt for it, even though it costs more, because it can withstand some of the largest hail storms. Also, homeowners who install these roofs get the direct benefit of 30%-40% in annual savings on their insurance premiums. Another Big Change in the Past 1 Year. Over the past 20 years we have paid out 10’s of millions of dollars to outside subs and other companies to do our gutter, sheet metal and windows and doors manufacturing. THEY have earned 30%-40% of the profits on this work instead of us capturing this profit/margin ourselves. In addition to forfeiting the profit, we couldn’t control the timeliness of the delivery of finish product, which can create delays in job completion, Also the quality of the end-product, which was often sub-par and would have to be fixed onsite. As of the beginning of 2015, for the first time ever we have completely rolled in-house all gutter, sheet metal manufacturing and other services. THIS IS HUGE FOR US. Going forward, we will capture at least another 25%-35% (if not more) on about $1,500,000 (in 2015, and much more in 2016-17) in gutter and sheet metal sales alone, and in the process dramatically improve the flow of work and improve quality overall. We are now completely self-contained”, the seller says. We should have done this years ago. Today, we own 3 new, fully-equipped gutter trucks that will allow us to do about 50% more capacity than what we did in 2014 in gutter sales and allow us to capture all these profits starting 1/2015 to the bottom line. This should equate to about $500,000 in additional gross profit on $1,500,000 in sheet metal and gutter sales. Most-all of this should fall to bottom-line profits since there is no overhead on this new source of income. We have 2 full-time gutter crews. In additional to the 3 new debt-free trucks, the seller have invested about $300,000 into all the new manufacturing equipment needed to complete all metal and gutter work. We Can Be Anywhere in the Midwest - FAST: As stated, we have 13 separate companies set up in 13 different markets/cities throughout the Midwest. You never know where the hailstorms will hit in any given year and cause catastrophic damage to home and commercial exteriors. Last year Denver got hit HARD with hail in the fall, but several other states had no hail. In 2013, Colorado had almost no hail, but other states were hit hard. Because we maintain an office/operation and presence in 13 markets, we can quickly shift crews to those cites that get abruptly hit with a storm. These workers can be there the next morning to work those markets as the calls come flooding in. We are very well-established in all 13 cities and a relatively “dormant” office can be exploding with work just 3-4 days after a storm hits. To be clear we are NOT just reliant on hail storms for work. 2013 was our worst year in a decade for hail storms and we still cash-flowed about $3,500,000 on $29,000,000 in “cash “sales. Denver ONLY had about $21MM in sales, but other cities such as Omaha, Kansas City, and areas in Michigan and Minnesota provided solid sales and great profits. Our Suppliers Love Us: we are far-and-away the largest purchaser of exterior materials in the state (we do about 100-120 new exteriors a week during busy times) and our suppliers treat us like gold. We are in excellent standing with all suppliers. As stated above, we have over $12,000,000 in accounts receivable, and just $500,000-$700,000 in payables – we pay our suppliers immediately and NEVER carry a balance. Because of this we get the following that other companies don’t get: 1. We get tile, and other exteriors materials for about 15%-20% cheaper than other companies due to our bulk buying and strong credit. 2. We get 3%-7% rebated to us in a check at the end of each year for our gross purchases. At $12-$14MM/yr. in COGS, that can be $500,000 - $700,000 in a nice check, paid at year-end. 3. We get an additional $5/per square of material we buy each year. At 70,000 squares a year, that is another $350,000. Paid at year-end. (A “square” is 10’ X 10’ or 100 Sq. feet) 4. Other companies get their materials dropped on the front lawn or job site. Then, workers have to carry materials up to the roof to install. This is where most back injuries occur and why other companies have high workman’s comp claims. Again, we have only had 1 claim in the past 7 years of so, because we do NOT have to load our roofs. The suppliers load our roofs for us. This not only saves tremendous worker time, it also reduces injuries and helps worker moral, because carrying roof tile up a ladder it not fun. 5. The best for last. When a hail storm hits a region, suppliers can run out of materials fast. If you have a contract to complete a job, and you don’t have the product, then everything can get held up for weeks or even months simply due to NOT having materials, thus workers and operations are idle. NOT Us! Again, because of our size and history with all suppliers we get all materials FIRST before smaller companies get deliveries. Insurance companies know this and it helps them, settle claims fast, which helps their public relations, etc. We are Green and Recycle: We are also the first large company to go “green” and recycle all old materials form the job site. This save our dump fees to the landfill and is great PR for us being a green- forward thinking company. More about our Roofing Installers and Sales Reps: We have the best sales reps and installers in the industry. We have about 80 sales reps, 15 canvassers and 300-450 (depending on the season) roofing installers/gutter crews, and exterior workers. Our sales reps are loyal, well-paid and motivated. We have 14 reps that sell over $1MM/year steadily, and another 5 reps do over $2MM/year. We pay every week, and we “always” pay, whereas other companies don’t always have the cash flow and there is low morale because the rep isn’t sure when his/her check may come. In 10 years, we have never missed weekly payroll. Oddly we actually pay our installer below market. We typically pay $55-$65 per square of roofing tile for installation. Our competition pays at least $75/square. So why would installer flock to us and stay loyal to use year-after-year is we pay 15% less?? They do; it is because as stated above, we ALWAYS pay workers immediately upon completion and every week. They know we are strong so we will always have the funds to pay, which is important in construction today. Also, we warrantee our work directly so the installer doesn’t have to carry that responsibility. (Warrantee claims are insignificant in the big picture.) Lastly, because of our size we always have work. Again, we are in 13 different markets, and we can shift our weight to these cities overnight when the work hits. Installers know this and need steady work throughout the year, not just 8 months a year, during the warm months. This is really the main reason installer stay loyal to us – is simply we always have the work. As stated, this transaction includes approximately $12,000,000 of assets, equipment, inventory, real estate, and accounts receivable, completely debt free at the closing. Therefore, the buyer would be paying $13,000,000 (75% of total sales price) at closing and getting between $11,000,000 - $12,000,000 hard asset value and working capital at the closing. In other words, the seller is selling the business for about $1,000,000 - $2,000,000 more than the QSV of the assets and working capital. He is seeking very little for the intrinsic value of a business that in 2014 strong cash flow. Real Estate is For Sale: 40,000 SF of Total Operational/Manufacturing Space. The seller is open to sell the real estate that he owns in a separate entity/LLC. There are several properties available for sale and are NOT part of the sales price above. However, all properties are desirable to own since they are strategically positioned in the most idea locations for continued growth going forward. This is why the owner bought them and spend a great deal of time and money settling them up for optimal operation and efficiency consideration. In the exteriors industry, every “wasted” minute and dollar counts, and an efficient operation with minimal movements/steps is critical to maximize profits sixe labor is such a large part of our costs. Denver and all of Colorado in general is projected to continue solid economic and construction growth going forward for the foreseeable future. Even during the economic downturn Denver in general held up very well and did NOT suffer the same hard fall/downturn that other states suffered. Nevertheless, the “economy” does NOT drive or even impact our sales and growth much at all. Even in the very thick of the recession; 2009, 2010, and 2011 our gross sales and net income was the following: 2009 was $27MM in Sales 2010 was $32MM in Sales 2011 was $28MM in Sales Please Email today for the comprehensive sales packet, including 5 years of financials and tax returns and a 45 minute long video detailing the shop and full interview with the owner. We have a great sales packet! Or please call 303-382-1900. The owner works about 20-30 hours a week, and management runs most-everything today. Licensing: the company or new owner does NOT need any special contractor licensing. We Work Closely With Virtually Every Insurance Company in Colorado and are Held in the Highest Regard by All of Them: After 30 years in business, BBB Accredited and “A+” rated. We have "0" unresolved complaints. Reality Check: This sales packet, like all offering memorandums, concentrates on “showcasing” the positive aspects of this sale, and all aspects of this sales piece is accurate. This is a great business, with great and loyal employees, and immediate growth potential going forward. However, we do NOT want to suggest that just ANYONE can come in here and things will just rocket forward. The seller wants to be clear here that this is a big operation with a lot of moving parts. A new owner should have strong overall experience in business, management, finance, sales and marketing, etc. This business will not just grow “itself”. While having direct construction experience is not required per se, being a sharp person with high energy, passion and vision IS important. This will certainly be needed to take advantage of all the growth that over the next 5-10 years in our market.
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