Houston Area Window Contractor - SBA Financing Available

Houston, TX (Harris County)

Houston Area Window Contractor - SBA Financing Available
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Asking Price: $860,000

Cash Flow: $379,101

Gross Revenue: $1,197,594

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1986

Houston Area Window Contractor - SBA Financing Available

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Business Description

This home-based company has been installing custom-made replacement windows for homeowners in the Greater Houston Metro area for 33 yrs. The customer profile is a homeowner in the $75K to $500K income range with a house 10 yrs old or older with inefficient windows, although newer homes comprise 20% of revenues. Aging homes provide a never-ending need for replacement windows! The company has an excellent reputation with many awards, including an A-rating on Angie’s List, a 5-star rating on Google & the Better Business Bureau. The company is committed to excellence & uses only the highest quality windows & never had a complaint. The company works with quick-response manufacturers (mfrs) & crews that are committed to performance. The competition is comprised of low-end franchises that sell cheap windows at low-ball prices and the high-quality companies who have very high prices. This company has a nice niche right in the middle. Sources of new business comes from 75% advertising & 25% word-of-mouth. Google & Angie’s List advertising creates the most revenue. The sale process starts with a signed contract, a work order is generated & is sent to the head of the installation crew. The crew takes exact measurements at the home & then sent to the mfr of the brand selected by the customer. The mfr sends back the factory work order for confirming all details. When approved, the mfr commences production, taking approx 3-5 wks. When completed, the mfr delivers to customer's home. The crew leader sets up an installation date with the customer. Payments made are 40% credit cards & 60% cash. The pricing structure begins at the base price for each window, which is set by the mfr(s). A variety of factors influence price, such as labor costs, what the home is made of (brick, stucco, siding), the size of the windows & wind-storm zones. Then add 35-55% for profit. This Company does not sell a deal without a minimum of 35% profit. Please refer to CBB Listing #8158

Attached Documents


Detailed Information

Location:
Houston, TX
Real Estate:
Owned
Building SF:
N/A
Employees:
1 Contractor
Facilities:
Home-based
Growth & Expansion:
Introduce siding, roofs, carports, patio covers, decks, and doors. Hire more contract crews. Lease an office/warehouse to get better pricing. While the Company represent a variety of brands, there are manufacturers that won’t deliver directly to the homeowner, only to a warehouse.
Support & Training:
Seller will train
Reason for Selling:
Retirement
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(from currently available funds)
 
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Frank & Rose Stabler

Business Listed By:
Rose Stabler

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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