71322- Leading Commercial Glass & Aluminum Subcontractor
For Sale in AZ
Financial & Assets Details
About the Business
Business Description
The Company is a leading Arizona commercial glass and aluminum subcontractor engaging in new construction, remodeling existing buildings and tenant improvements. They also supply commercial steel frames and doors, wood doors and finish hardware. The Company operates from a leased 6,000-square foot building, which includes 2,000 sq. ft. of office space and a 4,000 sq. ft. warehouse. There’s a separate adjacent 3,750 sq. ft. fabricating facility. Approximately 70% of the Company’s revenue is derived from the sale and services to aluminum and glass industry. 25% from resales steel frames, wood doors and hardware, 5% from high-end residential clients. This specialty trade contractor has strong management and 25 employees. 2017 Projections of $5.2M revenues and $745k adjusted EBITDA before salary!
2016 EBITDA margin of 12.6% - Consistent profitability - Excellent reputation and community presence - Equipment and vehicles valued at $450k - Inventory valued at $75k - Owner will lease property at preferred rate - 85% repeat business - Experienced personnel willing to transition under new owner - Owner financing available - Owner willing to remain for transition period - $1m in NOL for new buyer to utilize.
Seller Financing
Negotiable for the right buyer