Business Overview

The Company is a full-service business interior contractor for commercial and industrial buildings. Its customers are located throughout Western Washington with the majority located within the Greater Puget Sound area. Clients are sourced primarily by referral and include a significant number of repeat customers, many of whom are highly respected Fortune 500 companies. It handles all phases of construction from planning and estimating to final delivery. Primary construction activities are performed by well tested, long-serving subcontractors. The Company’s highly skilled workforce is the driver of its excellent reputation and continued success. There is substantial depth of talent and excellent tenure. The Company delivers consistently compelling results and has excellent growth potential.

Financial

  • Asking Price: N/A
  • Cash Flow: $4,683,000
  • Gross Revenue: $27,071,000
  • EBITDA: $4,383,000
  • FF&E: $900,000
  • Inventory: $50,000
  • Inventory Included: Yes
  • Established: 1992

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:5,120
  • Lot Size:N/A
  • Total Number of Employees:38
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased facilities are modern, strategically located to serve its client base, and provide room for expansion.

Is Support & Training Included:

The Seller will transition the business according to the purchaser’s needs and will consult for up to one year on mutually agreeable terms.

Purpose For Selling:

Retirement

Pros and Cons:

The market is large with moderate competition. The Company is consistently able to achieve its revenue goals.

Opportunities and Growth:

The business is scalable, and its employee competencies enable it serve businesses in a broad range of industries.

Additional Info

The venture was established in 1992, making the business 30 years old.
The sale does include inventory valued at $50,000, which is included in the listing price.

The company has 38 employees and is located in a building with approx. square footage of 5,120 sq ft.
The real estate is leased by the business for $8,998 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell businesses. Nevertheless, the true reason and the one they tell you may be 2 entirely different things. For instance, they may state "I have a lot of other responsibilities" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may simply be justifications to attempt to conceal the reality of altering demographics, increased competitors, current decrease in earnings, or a range of various other factors. This is why it is really crucial that you not count totally on a seller's word, yet instead, utilize the seller's solution in conjunction with your total due diligence. This will repaint an extra practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies borrow money in order to cover things such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that earnings margins are too tight. Lots of organisations come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location bring in brand-new clients? Often times, companies have repeat customers, which create the core of their daily profits. Particular variables such as brand-new competition sprouting up around the area, roadway building, and employee turn over can affect repeat consumers as well as adversely influence future incomes. One important point to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business often, the better the possibility to build a returning customer base. A final thought is the basic area demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? Just how might the regional typical home earnings effect future earnings potential?