Business Overview

This well-established siding business has been in operation for nearly 40 years!
The business comes with a ~17,000 sf warehouse in excellent shape – which can be
purchased separately from the business should a buyer so desire. This company
has an excellent reputation for quality of service and customer satisfaction, and is
a leader in it’s market for siding and siding products. This opportunity provides
profitability, with longevity for any existing siding business, or anybody looking to
enter into this industry. AND it comes with a valuable warehouse in great shape.

2020 saw a tremendous uptick in revenues for this business. Growth was an
astounding 98% year-over-year from 2019!! While growth at that rate is hard to
sustain, the company is indeed up in 2021 from 2018 & 2019. The business is on
an upwards trajectory! Cash flow from 2020 was $74,000. Cash Flow for 2021 the
highest in 4 years at over $138,000! This well-established opportunity is in a
growth mode right now! And this has been accomplished with NO MARKETING
EFFORTS! Thus the business has opportunity to grow just by creating minimal
marketing efforts and an online presence. The commercial real estate is very
valuable, in excellent shape, very spacious, and can be purchased without the


  • Asking Price: $749,400
  • Cash Flow: $138,667
  • Gross Revenue: $527,649
  • FF&E: $95,725
  • Inventory: $237,184
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:


Additional Info

The transaction does include inventory valued at $237,184, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell companies. However, the real factor vs the one they tell you might be 2 completely different things. As an example, they might state "I have too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these may just be justifications to try to hide the reality of changing demographics, increased competition, current reduction in earnings, or an array of various other reasons. This is why it is extremely vital that you not rely entirely on a seller's word, but instead, make use of the vendor's solution combined with your general due diligence. This will paint a more reasonable image of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses take out loans in order to cover points like inventory, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that profit margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that need to be met or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area draw in new customers? Many times, operating businesses have repeat consumers, which form the core of their daily earnings. Certain factors such as brand-new competition growing up around the area, road construction, and also personnel turn over can influence repeat consumers as well as negatively influence future profits. One important point to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Clearly, the more people that see the business on a regular basis, the better the opportunity to construct a returning customer base. A final idea is the basic location demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? How might the regional average family income impact future earnings prospects?