Business Overview

100% of manufactured doors are installed. They win 29% bids with better then 30% profit.

Financial

  • Asking Price: $725,000
  • Cash Flow: $274,035
  • Gross Revenue: $2,945,099
  • EBITDA: $274,035
  • FF&E: $50,000
  • Inventory: $40,000
  • Inventory Included: Yes
  • Established: 1981

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:10,000
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Custom built 10,000 sq feet building.

Is Support & Training Included:

1 mo.

Purpose For Selling:

retire

Opportunities and Growth:

Almost unlimited with all the growth in tow. 1,100,000 in back log as of Jan 2021.

Additional Info

The business was started in 1981, making the business 41 years old.
The sale will include inventory valued at $40,000, which is included in the suggested price.

The company has 10 employees and is situated in a building with estimated square footage of 10,000 sq ft.
The building is leased by the company for $8,600 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell companies. Nevertheless, the real reason vs the one they tell you might be 2 completely different things. As an example, they might claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may just be justifications to try to conceal the reality of altering demographics, increased competition, current decrease in incomes, or an array of other reasons. This is why it is really important that you not rely entirely on a seller's word, yet rather, use the vendor's response combined with your general due diligence. This will paint a more realistic picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can imply that earnings margins are too small. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that should be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location draw in brand-new clients? Most times, businesses have repeat consumers, which create the core of their everyday earnings. Particular elements such as new competitors growing up around the area, road building and construction, and also employee turnover can influence repeat customers and also negatively affect future earnings. One crucial point to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Clearly, the more people that see the business on a regular basis, the greater the possibility to build a returning customer base. A final idea is the general location demographics. Is the business situated in a densely inhabited city, or is it located on the edge of town? How might the local average household income effect future earnings prospects?