$2,200,000.00
Asking Price
Address: Naples, 34114.
Status: Active
Posting ID: 269046
8/25/23
Description
Our client’s offering, is a cash positive, profitable, pass through business of twelve year’s standing. It represents a golden opportunity to expand an already profitable well-respected company in an exploding market. They did as much business by the end of July 2023 as in all of 2022. Our client is located in Florida and serves all of Collier and Lee Counties; i.e., Naples, Ft. Myers Beach, FT Meyers, Marco Island, Bonita Springs, and Estero. Our client sells hurricane shutters and screens, impact doors and windows. There is very little ongoing cash outlay for this profitable business, nor is cash tied up in inventory. Customers make cash deposits upon order and pay upon completion. 90%+ of products ordered by customers are made to customer specifications by a qualified third party on a net 30-day basis following delivery. Our client does not manufacture the products they install and only orders products after receiving specific customer orders and deposits. The Company rents warehouse/office space and vehicles so there is very little capital outlay for this excellent and profitable business. The firm has a stellar reputation and receives many referrals.
Our client operates with a profitable, cash positive business model.
The company sells hurricane shutters and screens, as well as impact doors and windows. All products are made to customer specifications by a well-qualified reliable third party. Company does not manufacture any of its products.
The company takes orders with a 30 to 50 % down payment, and places the order with its vendors. When the vendor fulfills the order and the products have been received, the payment terms established with 95 % of the suppliers are net 30. The Company installs the product usually within a week of receipt, collects the remaining balance from the customer, and pays supplier within established terms (net 30). Our client rents warehouse and office space, as well as vehicles. There is very little capital outlay for this profitable business.
Customer service agents document any problems and immediately schedules service if the required fix is simple. If an issue is more complicated, Customer Service sets an appointment with the customer and a technical sales rep who takes it from there.
The company is driven to provide excellent customer service, with integrity, doing it right the first time. The company provides the right product to meet customer needs out of multiple products from various suppliers. They are not locked into selling an in house made, branded material. The Sellers believe in operating with integrity in all business relationships both with customers and suppliers and doing it right to meet customer requirements.
This approach has succeeded, starting from a zero base 9 years ago, to an expanding company that has been profitable very year since its inception.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: A leased 1500 sq. ft office/warehouse. The Lease is annual and expires in January. The Security Deposit is for 1 month. The business has been at this location for 4 years. There are 5 parking stalls.
In addition to this location, the company maintains presence in Bonita Springs, FL (lease $80/mo) for area presence. This is just an address and common telephone answering.
This secondary location is included in the sale. The new owner would need to pick up the Monthly rent. This secondary location is maintained as a Sales presence.
The business just leased a small warehouse space next to current office/warehouse to accommodate a surge in sales.
Competition: The company's business model in which they do not manufacture, but rather orders its products from suppliers, to Customer specifications is a serious advantage over that of any of its competitors. With minimal inventory and positive cash flow, The company is in a position to realize excellent profits with little risk.
The closest three competitors are manufacturers of the products they sell. This means they have a high overhead to deal with and large dollar amounts tied up in materials and product inventory, and likely cash flow issues that are not unusual in manufacturing.
Growth & Expansion: The company enjoys an excellent reputation in the various communities it serves, with customers so comfortable with the firm that they invite company sales reps into their homes.
The Sellers tell us: 'If we were in our 30's, we would be a $10,000,000 company.'
There is every indication that the company will continue to operate in a profitable mode, while grooming newer employees as needed for growth. To ensure long-range goals are reached, the new owners should plan to continue with the very successful business model currently in place, and expand on it.
Financing: Financing is not available, cash or bank financing only.
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 Owners wish to retire.
To get more information about this Window And Shutter Firm - High Cash Flow business for sale in Naples, Collier County please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #269046 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Window And Shutter Firm - High Cash Flow, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Phone: 833-776-6682 Details
Asking Price: $2,200,000.00
Down: Call/Email
Cash Flow: $2,626,310.00
Revenue: $3,200,000.00
Area: Naples, Collier County
City: Naples
Attributes:
My Notes About This Listing
Cash flow
$127,190
Revenue
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Cash flow
$15,866
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Down
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Cash flow
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Revenue
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Down
Call/Email
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Total Investment
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Min Liquid Cash
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Net Worth
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Franchise Fee
$25,000
Cash flow
$69,751
Revenue
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Down
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Cash flow
$175,000
Revenue
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Down
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Cash flow
$851,672
Revenue
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Down
Call/Email
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Total Investment
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Min Liquid Cash
Call/Email
Net Worth
N/A
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Franchise Fee
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Cash flow
Call/Email
Revenue
Call/Email
Down
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Down
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Cash flow
N/A
Revenue
N/A
Down
N/A
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Cash flow
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Revenue
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Down
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Min Liquid Cash
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Net Worth
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Franchise Fee
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Cash flow
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Revenue
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Down
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Revenue
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Down
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Down
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Cash flow
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Revenue
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Down
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Cash flow
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Revenue
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Down
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Down
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Cash flow
N/A
Revenue
N/A
Down
Call/Email
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Down
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Buying a seasonal small business restaurant can be challenging, but Joe Ranieri a business broker restaurant specialist and others in this BizBen Discussion review multiple ways to offset these factors and still get the most from buying and operating a small to mid-sized seasonal restaurant.
Should small business owners/sellers or brokers/agents give potential buyers direct access to past company tax returns and financials (profit & loss statements) either before or pre the due diligence process? Multiple ProIntermediaries and ProAdvisors discuss this topic on this BizBen Discussion.
When buying an Elderly Care Home what should potential buyers always ask the broker or owner before proceeding? Find out in this Discussion on BizBen. Items buyers of elderly care homes will want to know more about why the seller is moving on, average length of stay, placement fees paid, etc.
Every business broker knows that a listing taken is not a listing sold, in fact the ratio of listed vs. sold could be discouraging if you really thought about it. Joe Ranieri (Orange County Business Broker) discusses what you should do if you finally have to close the doors and call it quits.
50% of all California small business for sale transactions fail to complete. Why do businesses for sale fall out of escrow? Joel Miller (a senior care business specialist) discusses his 5 top reason why businesses fall out escrow along with other brokers, advisors on this BizBen Discussion.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
What are some ways a broker can prevent a buyer and seller from doing a deal behind their back and what to do about it if it happens? Joe Ranieri (Orange County Business Broker) discusses ways a business broker or agent can protect themselves from buyers and sellers trying to circumvent them.
Does the location of an elderly care facility matter when buying this type of business? Joel Miller (an Elderly Care Facility Specialist Intermediary & Consultant) feels it's very important for many reasons - many which you probably hadn't thought of. Before buying a care facility - read this post.
