by Jill Kerr | Apr 6, 2022 | Baltimore MD, Business for Sale, Eddie Davis, Featured Business For Sale, Maryland
A unique, 45+ year old company that specializes in the sale and installation of products designed for promotional purposes, advertising campaigns, sporting events and a variety of recreational activities. The company has developed a diverse, loyal customer base that includes government and commercial customers and sales to individuals and organizations. Customers are located in the Baltimore / DC metro. Buyer will benefit from experienced and processes developed by the operational and sales teams.
Company Profile:
- 45+ years, Baltimore MD based multi-generational family owned business
- Job sites from Baltimore to N VA Multiple revenue streams (installation and product sales)
- Key management team
- Established relationships with supplier and customers
- Multiple growth opportunities
- Average revenue $1.6m
- Average SDE (sellers discretionary earnings) $180K
Benefits to Buyer:
- Consistent financial results
- Long-term staff
- Owners understand the need for a smooth transition and will support buyer as needed
- Turnkey business processes
Buyer Profile:
- An owner/operator looking to acquire an established, successful business family business
- A strategic buyer searching for growth / diversification opportunities
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
by Harvest Business Advisors | Jun 1, 2021 | Business for Sale, Featured Business For Sale, Maryland, Richard Stopa, Virginia
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
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to
RStopa@HarvestBusiness.comWe 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 Harvest Business Advisors | Mar 20, 2021 | Business for Sale, Featured Business For Sale, Maryland, Richard Stopa
This well-established window company specializes in custom and replacement windows and is BBB A+ rated. The business has built an exceptionally loyal customer base utilizing a low-pressure shopping experience that features prices comparable to those at a local lumber yard.
A customer-focused organization, the company maintains an A rating on Angie’s List, has received Angie’s List Super Service Awards, and boasts 4.5 stars on Google.
With upfront deposits for future work enhancing the company’s cash flow, the business operates at healthy 34% percent gross profit margins and features a solid mix of both retail and wholesale customers.
Family-owned and run for over 25 years, the company is located in the fast-growing and highly stable Baltimore – Washington DC metropolitan region. The owner wishes to retire but a strong management team is in place. All operational procedures are well-established.
| Fiscal Year | 2020 | 2019 | 2018 |
| Revenue Accrual Basis | $ 3,852,317 | $3,649,555 | $3,220,039 |
| Seller’s Discretionary Earnings (SDE) | $413,562 | $230,671 | $243,147 |
Contracts for installed doors and windows for the 12 months ending 1/31/21 were $4,105,960 with a 30% non-refundable deposit taken on most orders.
Ideally Suited for A Buyer Who is:
- A window company in the Baltimore – DC area seeking to quickly expand its business
- A large window company outside of the Washington DC area wanting to enter this booming market
- A construction company wishing to add windows to its offering
- An experienced construction professional seeking to own a business
- An experienced business professional wishing to purchase their first business
This acquisition would be an extremely desirable turn-key opportunity for an out-of-state window company which desires to expand its presence into the highly desirable Baltimore – DC market.
Experience in construction, windows or a related business is a plus.
Please contact Richard Stopa (RStopa@HarvestBusiness.com) at 703.307.1187 to discuss this business in more detail.
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 Harvest Business Advisors | Feb 27, 2021 | Baltimore MD, Business for Sale, Eddie Davis, Featured Business For Sale, Maryland
This multi-generational electrical contracting company, located in Maryland, offers:
- Design/build services for new projects
- Upgrade and renovation of existing sites
- Maintenance and calibration services
- Value engineering reviews to fit the budget
The highly regarded business values their long-term and diversified customer relationships. Their customers are served by a licensed and experienced staff, supervised and directed by a highly experienced management team.
This opportunity is well-suited for an industry buyer seeking growth and diversification opportunities or an individual looking to own an established and successful company
No additional capital investment needed.
The owner is selling because they wish to retire.
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.
by Harvest Business Advisors | Nov 9, 2020 | Baltimore MD, Maryland, Richard Stopa, Washington DC
Located in the Washington DC-Baltimore area, this telecommunications firm has been serving their commercial client base since 1990. Well established with a focus on customer service, this firm has nearly 900 current clients.
This business sells both VoIP and premise-based solutions and is poised for expansion with identified opportunities for a new owner to grow the business. Employees are extensively trained on equipment and also focus on educating customers to derive maximum benefits from their telephone systems.
Products lines include:
- Avaya IP Office
- Avaya Cloud
- Nortel
- Toshiba
It is important to note that service revenue for the last 3 years averages $615,754 or 51.5% of total revenue
In the past 30 years, and through several recessions, the company has remained financially sound, un-impacted by the fluctuations of the economy.
The owner is willing to stay on for an agreed upon period of time to train the new owner and transition clients.
Connect with Richard Stopa (rstopa@harvestbusiness.com) at 703.307.1187 for more information and details about this business.
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.
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 Harvest Business Advisors | Sep 3, 2020 | Business Sold, Glenn Molin, Maryland
This Practice has sold. Harvest Business Advisors congratulates the new owners and wishes the sellers much happiness in their future endeavors.
Harvest Business Advisors is proud to present this opportunity to own a well-appointed and vibrant physical therapy practice based in Montgomery County, Maryland.
The Practice is very successful, fully equipped, upscale and modern, operating from a beautiful and professionally appointed Class “A” medical building..
Located in a densely populated, high-income area, with many other medical practitioners nearby, this physical therapy clinic is poised for growth.
The practice treats long-standing loyal patients as well as a steady volume of medical referrals.
The location is convenient and easy accessible and offers free parking. It is easy for both patients and referring physicians to utilize the practice.
This opportunity allows a Maryland-licensed Physical Therapist to start earning a significant income right from your first day of practice.
With the addition of clinical support staff (an additional Physical Therapist or hiring additional Physical Therapy Assistants_ this waiting list practice would see growth quickly.
Landlord is aware of sale and willing to assign lease or negotiate new term
The current owner/physical therapist is willing to stay on for an agreed upon period of time to help with the transition.
Asking Price; $990,000
Connect with Glenn Molin (GMolin@HarvestBusiness.com) at 540-287-1776 to discuss this business opportunity in more detail.
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 GMolin@HarvestBusiness.com. We will then be able to discuss financial details and other confidential information about the business with you.
Clients choose Harvest Business Advisors for our accurate business valuations and our 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.
