71168-Screen Whsl, Retail, Mfg and Services

WA

Seller Financing Available
71168-Screen Whsl, Retail, Mfg and Services

Asking Price:$300,000

Cash Flow:$30,000

Gross Revenue:$400,000

EBITDA:N/A

FF&E:$40,000

Inventory:$20,000

Lease Rate:N/A /SF

Established:1974

71168-Screen Whsl, Retail, Mfg and Services

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Business Description

Founded in 1974, the company has been continuously owned and operated as a family business. For over 40 years, they have consistently provided high quality products and installations, and have successfully established itself as a turn-key provider of residential windows and screens. Located near Seattle, Washington, they manufacture windows and patio sliding screen doors; a retailer of trademarked retractable doors, windows, and motorized screens; and a seller of residential glass units. The company also provides installation services for its products. The company’s commitment to quality and outstanding customer service has resulted in many satisfied clients, and a high rate (85%) of combined repeat and referral business. Due to declining health from one of the owners, the company has not taken full advantage of the local growing economy in recent years. With typical operations, this company could once again see sales close to $1,000,000+.

No single customer accounted for more than 6% of total revenue during the historical period. A diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. This business services many apartment complexes, however, many are still left unapproached, easy growth exists here for the new owner. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Contact us today for more information.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located half an hour from Seattle, Washington, the business operates from a facility totaling 2,000 sq. ft. It features an office, showroom and warehouse.
Competition:
45% repeat clientele.
Growth & Expansion:
Today, the Company enjoys an excellent reputation, and is well positioned to leverage its reputation and pursue growth beyond the projections. In fact, there are three specific product lines the new owner could provide for increased sales. This company currently has a smaller team, a new owner would do well to hire more employees to allow for accelerated growth. A more assertive owner might also consider a mobile service for window screens and patio sliding screens, broadening the current service area, or more aggressively approaching the current market. The current owners would be happy to guide the buyer through this process.
Financing:
Negotiable up to: 10.00 %
Support & Training:
Key employees will most likely stay on while owner will remain for reasonable transitioning.
Reason for Selling:
Approaching retirement.

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