Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Building Products Sales And Distribution
LISTING DETAILS
Firms For Sale ID:
26757
Vendor reference:
3271
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed
Turnover / revenue:
$5,120,000
Net profit / cashflow:
$267,153
Years established:
9
Number of employees:
9
OTHER DETAILS
Reason for selling:
Diversification of owners’ personal financial interests and superior sales growth desired through strategic partnering.
Support and training:
Current owners are willing to stay to promote a smooth transition to new ownership
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
This business for sale is a wholesaler, retailer and installer of vinyl and fiber cement siding, siding accessories, windows, doors, roofing, gutter replacement and screen guard, vinyl railing and columns. Utilizing a network of subcontractors, the Company also provides complete interior and exterior remodeling services. Revenue is derived from sales to national homebuilders (58 percent), remodel/roofing services (37 percent), wholesale and retail sales (2 percent) and other (3 percent), including recycling and service revenue.
Expansion Potential
The Company is well positioned to capitalize on its excellent industry reputation and the positive prospects forecast for the industry. The Company’s 9-year history of providing superior services to homebuilders, general contractors, management companies and homeowners will be the key to its continued growth and success.
Management at this Company is now forecasting $5.63 million in sales for 2012 and projecting positive organic revenue growth of about 10 percent annually from 2012 through year 2016 with its current business plan.