by Jill Kerr | Oct 5, 2022 | Business for Sale, Eddie Davis, Featured Business For Sale, Maryland, Uncategorized
COMPANY PROFILE
– In business for 28+ years
– Job sites in the DC metro and throughout Maryland
– Multiple revenue streams (structural construction, fabrication, welding)
– Key management team
– Established relationships with supplier and customers
– Multiple growth opportunities
– Average SDE (sellers discretionary earnings, 2018-2020) $615k
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
– Value of hard assets $1.0mm
BUYER PROFILE
– An owner/operator looking to acquire an established, well know 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 Jill Kerr | Sep 15, 2022 | Business for Sale, Featured Business For Sale, Maryland, Richard Stopa, Uncategorized
This well-established 10 year old healthcare company devises and implements cost-effective solutions to help healthcare systems, organizations and providers increase revenue and ensure the most successful medical operations possible. The business is located in Maryland and the owner wishes to retire.
Core competencies include:
- Managed Care Contracting
- Contract Review and Fee Negotiation
- Coding, Compliance & Education
- Risk Adjustment Reviews
- Coding support
- Compliance Reviews & education
- Healthcare Management Consulting
- Practice Assessments
- Due Diligence Reviews
Key features of the business:
- A $1.3 M sales pipeline
- Solid staff in place and a high number of repeat customers
- Proprietary software that can be developed into new profit center
- Growth industry in a fast-growing geographic region
- Seller who is willing to train and assist the buyer with a smooth transition
|
Financial Summary
|
|
|
2022 (Projected) |
2021 |
2020 |
2019 |
| Net Income |
$ 1,912,962 |
$ 1,633,438 |
$ 1,280,819 |
$ 911,326 |
| Net Profit (Loss) Before Taxes |
$ 464,000 |
$ 62,111 |
$ 92,094 |
$ (16,601) |
| ADJUSTED NET INCOME |
$ 544,160 |
$ 277,271 |
$ 269,585 |
$ (29,261) |
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 | 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.
