by Jill Kerr | Dec 16, 2021 | Business for Sale, Featured Business For Sale, Uncategorized
Company Profile:
• Company is 35+ years old
• Operations based in multiple locations
• Job sites from Baltimore to N Virginia
• Diversified revenue streams, includes recurring service revenue
• Proven business processes
• State-of-the art technology
• Average annual revenues $18.6m ($250k recurring revenue)
• Average normalized EBITDA $1.8m
• Backlog $11.5m
Benefits to Buyer:
• Consistent financial results (reviewed financial statements provided)
• Adherence to industry “best-practices”
• Experienced long-term key-management / supervisory team
• Established long-term customer base; a diversified commercial GC client list
• Strong partnerships with industry leading suppliers
• Owners understand the need for a smooth transition and will support buyer as needed
Buyer Profile:
•. A strategic industry buyer or buyer in related industry seeking growth / diversification
• A financial buyer interested in new markets or expanding existing market share
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us att info@harvestbusiness.com
by Jill Kerr | Dec 16, 2021 | Business for Sale, Featured Business For Sale, Uncategorized
Outstanding acquisition opportunity! This firmly established business is highly profitable and well-suited for growth and expansion. The company has designed and built custom cabinetry and delivered kitchen and bath remodels for nearly 30 years.
This reputable operation services homeowners, architects, builders, contractors and design professionals and provides free estimates, competitive pricing, top quality craftsmanship, stellar customer service and on time professional installation.
Key features of the business:
• Solid sales pipeline with order commitments totaling $1.6M through May of 2022
• 8,300 square foot office and warehouse space perfect for expansion
• Strong gross profit margin averaging 36 percent
• All business is from customer referrals; business could be grown with marketing investment
• Growth industry in a wealthy and fast-growing geographic region
• Seller who is willing to train and assist the buyer with a smooth transition
• Well suited for a contractor, woodcrafter or design professional
ASKING PRICE: $1 Million
________________________________________________________________________________________________________________
REVENUE
2021* — $1,928,428 *for 10 months ending 10/31/21
2020 — $1,694,425
2019 — $2,189,694
2018 — $1,862,539
ADJUSTED CASH FLOW
2021* — $443,057 *for 10 months ending 10/31/21
2020 — $190,753
2019 — $215,071
2018 — $197,480
________________________________________________________________________________________________________________
Ideally Suited for A Buyer Who:
• Has business experience and love woodworking and home improvements
• Has a kitchen/bath business outside the area and is looking to expand to the DC market
• Has another location in Northern Virginia and wishes to expand its presence
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@harvestbusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
by Jill Kerr | Jun 3, 2021 | Business for Sale, Featured Business For Sale, Richard Stopa, Uncategorized, Virginia
This company in Winchester, VA has been providing plumbing, piping and gas services to industrial, commercial and residential customers for over 25 years. They are known for their quality work, their reliability, and their outstanding customer service.
Investment Considerations for a Buyer
- The company has a solid customer base with almost all business coming from existing customers.
- The company possesses excellent relationships with general contractors.
- The owners are willing to stay on for a defined period of time as needed.
- This is a perfect opportunity for someone with plumbing experience to own their own business.
- Owners’ compensation for last five years averaged $165K
- Inventory, FFE and six vehicles are included in the asking price.
Asking Price: $449,000
|
Financial Metrics
|
2020 |
2019 |
2018 |
2017 |
2016 |
| Revenue |
$841,179 |
$661,739 |
$736,505 |
$623,587 |
$1,138,288 |
This acquisition is an extremely desirable opportunity for a general contractor or other mechanical contractor to add on to their business or for a piping/plumbing company in a nearby county wishing to expand their territory. Experience in construction, plumbing/piping or a related business is preferred.
Click here for a Non-Disclosure Agreement and Finance Document.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
by Jill Kerr | Jun 1, 2021 | Business for Sale, Business Sold, Eddie Davis, Featured Business For Sale, Home Page
This business has sold. Harvest Business Advisors congratulates the new owners and wishes the sellers much happiness in their future endeavors.
A highly regarded, comprehensive it solution provider and communications developer servicing select government agencies in a “niche” market. Fully operational since 2000. Long-term client relationship with the agencies they support.
Benefits of Acquisition:
- Experienced, long-term key management team with expertise in developing specialized enterprise software
- Trained staff who provide day-to-day “managed services” support
- Long-term federal contract
- Multiple trademarked IP software platforms
- Recurring annual revenue
- Average annual revenue $800,000
- Average historic annual SDE $365,000
Ideal Buyer:
- An industry buyer seeking growth / diversification opportunities
- An individual with an IT or general business/marketing background
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
