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Profitable Pre-hung Door, Window & Molding Retailer! (37848) For Sale

Treasure Coast, Florida, US
Asking Price:
$2,900,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$4,706,014 (USD)
Cash Flow:
$783,848 (USD)

Located on the gorgeous Treasure Coast of Florida, this well-established business sells hurricane rated impact and non-impact doors and windows, specializing in custom exterior and interior pre-hung doors as well as moldings, hardware and numerous other specialty items i.e., Stair parts, columns, and decorative shutters. An accredited and certified member of NAMI, their customer base consists of contractors (50%), homeowners (40%) and local governmental agencies (10%) With no individual client representing more than 7% of the annual income, this company offers flexibility for optimization thanks to their top client ratings. An additional avenue for the new owner would be to offer in-house installation. Currently all installation is sub-contracted out to licensed, insured installers.
The business leases a prime facility of 14,400 sf in an industrially zoned business park. The current location includes administrative space, showroom, and an ample warehouse for storage of inventory, equipment, and tools. Relocating within the same business park in the fall of 2022, the business will occupy a total of 17,000 sf expanding their showroom by approximately 1500 sf! With over 20 years of ongoing business, revenues in 2021 reached $4,706,014 with discretionary earnings of $783,848 and a total EBITDA of $650,383.
Personnel consists of twelve non-union employees with a combined experience of 200 years. Most employees are likely to remain post sale and continue operations after the involved ownership's transition. Marketing efforts utilize a website, monthly advertisement in a local, high-end magazine with a nationwide circulation, and local charitable sponsorships.

Property Information

Real Estate:

Lease

Size in square feet:
14,400+/-

Business Operation

Expansion Potential:

Current expansions will extend square footage to 17,000 total!

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 7AM - 4PM.

Employees:
12 nonunion.
Years established:
Started in 1982; Acquired in 1995.

Other Information

Support & training:

Involved Owner Transition period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$320,000 (USD) - included in the asking price
Inventory / Stock value:
$85,000 (USD) - included in the asking price

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