OFF-MARKET ‘Q2 2024
Exterior Remodeling Construction Company
Wilmington, DE (New Castle County)
Seller Financing Available if the price and deal structure is right.
Asking Price: Best Possible Offer
Cash Flow: $665,000
Gross Revenue: $2,100,000
EBITDA: $515,000
FF&E: $433,408
Inventory: N/A
Established: 2002
Employees: 8
Business Description
The Exterior Remodeling Construction Company is a Limited Liability Company (LLC) located in the state of Delaware. It was incorporated in 2002 by the current owners. With over 25 years of experience in exterior residential remodeling, the company has built a strong reputation with excellent customer reviews, continuous referrals, and a myriad of project types that allows the company to thrive in any economic environment. The company has exhibited steady growth in top-line revenue and bottom-line EBITDA and is projected to continue to do so.
The company surpassed $2.1M in trailing twelve months (TTM) revenue and $515,000 EBITDA. The company boasts of a strong core of skilled tradesmen and long-standing subcontractor relationships.
The company is projected to surpass $2.3M in sales in 2023 with nearly $530,000 in EBITDA.
The company is in a strong financial and operational position and is a perfect fit for an owner-operator or bolt-on acquisition for a larger company.
NDA required {SUBMIT BELOW} to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
One location with office space, storage, and parking that is leased for $3,500 per month.
Competition:
The company has three main local competitors, and each has their own approach to the retail customer client base. A few compete on price but offer lower quality service while the seller focuses on quality albeit at a slightly higher price. The company closes 60-70% of the work they bid for.
Growth & Expansion:
The company’s strong regional reputation and excellent customer ratings create a strong platform for geographic expansion that has yet been untapped. There are few project types that the company has not pursued that could readily add new revenue sources with the proper permitting.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
The current owners wish to pursue other opportunities.
OFF-MARKET-High Net Exterior Remodeling Construction Company for Sale
