This business specializes in storm window restoration and
installation with 90% of the projects completed being in the
residential space. Services offered include new storm window
installation, primary and exterior window restoration,
operational restoration, weather stripping, and new storm
windows and doors. The average project size is
approximately $8,000, though the business has completed
larger jobs and maintains a backlog of contracted work with 9
months of planed jobs. On average, the company services 30
or more clients per year, often managing several concurrent
projects. The company operates out of a rented shop with
both office and workshop space, serving primarily the Omaha
and Lincoln regions, but occasionally taking on projects
further afield when opportunities arise. Most work is
performed on-site, with full window restorations conducted in
the shop when needed. The staff consists of the owner and
one talented window technician, both handling all aspects of
the work in-house. The seller is seeking a career change and
has offered to stay with the business for 6 months post close
to train. Plus, he has offered to carry more than 30% of the
purchase price.
Priced at a very low multiple of less than a 2, the asking is
$125,000. There is significant opportunity for growth by
expanding the team with additional window technicians,
carpenters, or glass specialists. There is also potential to spin
off smaller services, such as glass replacement or re
screening, and to introduce more formal marketing efforts.
With a nine-month project backlog and minimal competition, a
new owner with business development skills could readily
scale operations and increase revenue, making this an
attractive opportunity for growth in a specialized market.
Ad#:2417483
