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This well-known Exterior Home Remodeling Contractor (primarily windows and doors) has provided expert solutions, products, and installation services to the central New Jersey region for over 50 years. The company has experienced significant revenue growth and enjoys high operating margins with documented profitability. The seller’s 3,600 SF leased facility is in a prime location with very attractive/flexible lease terms.
The company enjoys a competitive advantage by leveraging a wide menu of home remodeling solutions to its diverse client base with exceptional customer service and fair pricing – strong revenue growth has been the result. It is projected that a new owner will obtain additional growth by expanding the direct sales efforts (into additional commercial and residential projects) with a minimal personnel investment of $100k to $200k per year. The company projects a revenue growth rate under such premise of 20% to 30% per year.
The company has been fully reviewed and conservatively appraised by a well-known national valuation firm at 2.4x EBITDA (ttm). A full valuation report is included in the prospectus. There is $75,000 of debt to be assumed and the deal includes $550k in net working capital plus $150,000 in fixed assets. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner-operator will obtain more than $580k benefit in after-acquisition-debt cash flow or over 130% ROI in Year #1.
A comfortable six-months transition period will be provided by an owner who truly wants to continue to see the business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
(ALL DATA BASED ON SIGNED TAX RETURNS)
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