37569-Storm Panel Manufacturing and Installation

FL

Seller Financing Available
Photos Available Upon Request
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Asking Price: $2,250,000

Cash Flow: $595,000

Gross Revenue: $3,196,000

EBITDA: N/A

FF&E: $375,000

Inventory: $50,000

Established: 2006

37569-Storm Panel Manufacturing and Installation

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Business Description

Two Strong Businesses in One!

Servicing Residential and commercial clients this listing details two companies. The first company specializes in manufacturing hurricane protection products including include corrugated steel, aluminum, and Lexan storm panels. The second company is a specialty trade contractor offering installation of all types of hurricane protection products including accordion style panels, rollaway storm panels and standard storm panels. The companies operate from a leased 15,000 sq. ft. facility on the East Coast of Central Florida. The property features a production area, warehouse, storage yard, and office space. Offering these products and services products requires a Florida State Building Code Approval and a Contractor’s License. With experienced employees, marketing efforts focus on targeting homeowners and commercial enterprises throughout the Atlantic and Gulf Coast. Revenues have been increasing over the past five years due to adverse weather conditions and better service and pricing compared to the competition. In 2018, the contractor’s total revenue was $936,864 with Seller’s Discretionary Earnings of $124,119 while the manufacturer revenues were $2,258,810 with Seller’s Discretionary Earnings of $391,794. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Reason for Selling:
Approaching retirment
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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