$9MM Annual Sales
$660,000 Cash Flow*
This company provides sales, service, parts, delivery and installation to both the Trade/Commercial and Retail customer base and operates in two states, and multiple counties as an independent distributor territory for a leading national windows and doors manufacturer.
Industry experience is not a requirement, but a strong sales culture background will provide the new owner the most success.
Facilities: 2 leased retail storefronts and 1 leased warehouse hub. New owner may benefit greatly from reconfiguring current leased facilities. One retail location renew option in February, other retail location optional renew in October 2019, warehouse renews in February.
Competition: Nationally recognized brand very strong with both consumer and builder customer base.
Growth & Expansion: Current market share for region 9%. Manufacturer estimates minimum share should be 12% and could be as high as 20%. Current warehouse has room for increased capacity.
Support & Training: Seller and manufacturer provide support and training
Reason for Selling: Retirement
| Asking Price: | $2,000,000 |
| Gross Revenue: | $9,000,000 |
| EBITDA 2017: | $450,000 |
| Cash Flow*: | $660,000 |
| Working Captial Included: | $500,000 minimum |
| Backlog WIP Included: | $750,000 to $1,000,000 |
| FF&E Included: | $415,000 |
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*Based on 2017 adjusted EBITDA $450K plus Seller's Discretionary Earnings (SDE) as sales manager of $210K. |
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Upon receipt of this completed and digitally executed NDA below, we will follow up by phone and/or e-mail to qualify providing the complete offering memorandum and schedule a time to discuss the opportunity further.
Direct link to the NDA, here.
