This firmly established (26 years) Commercial and Industrial Insulation Company is highly profitable and well-suited for growth and expansion. Based in the greater Baltimore-Washington area, the company is renowned for both its outstanding service and the quality of the insulation work the firm provides. Buyer will acquire a strong local presence with solid customer list.

Key features of the business:

  • Committed backlog report for all un-billed jobs as of December 31, 2021 is $2,764,930. 
  • Strong gross profit margin averaging 44 percent
  • Good relationships with clients and a high number of jobs from repeat customers
  • Growth industry in a fast-growing geographic region
  • Seller who is willing to train and assist the buyer with a smooth transition
  • All operational procedures established
  • As of December 31, 2021 the company had bid on $38,300,000 worth of new work

    ASKING PRICE: $1,500,000


Insulation Company

2021* 2020 2019 2018 2017
Revenue $2,009,313 $2,025,763 $3,312,960 $2,611,141 $2,897,438
Cost of Goods Sold $1,127,544 $1,397,790 $1,998,777 $1,615,125 $1,643,126
Gross Profit $881,769 $627,973 $1,314,183 $996,118 $1,254,312
Gross Profit Percentage 44% 31% 40% 38% 43%
Seller’s Discretionary Earnings $215,756 ($68,688) $462,216 $276,809 $608,615

*These numbers re preliminary and subject to final adjustments

Please contact Richard Stopa ( at 703.307.1187 to discuss this business in more detail.
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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.

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