Business Summary:
With over 2 successfully proven decades of service in the window industry, this company primarily serves residential home owners. Located in Omaha, Nebraska, they operate in a strategic location allowing them to serve a 90-mile radius which includes Lincoln, Plattsmouth, Glenwood, and Papillion. Their range of products includes: Windows (70%), Siding & Gutters (25%), Entry Doors (5%). Their revenue mix is as follows: 50% Remodel/ Replacement, 50% Weather related, 0% New Construction. The company is managed by an operations Manager who schedules sales calls, deliveries, scheduling installers, prepares estimates and agreements. She also schedules services calls and handles all emails; installations are subcontracted out. The seller is actively involved in the business, assisting with calls with the operations manager if needed, oversight of contracts and estimates. The operations manager is capable of assuming some of these responsibilities, ensuring continuity during the transition period. They operate out of a 4,500 sq ft facility that includes a showroom, conference room, office space, and two storage spaces. The decision to sell the business is due to retirement. A seller training period of up to a year indicates their commitment to facilitating a smooth transition of ownership. To show their vested interest in the continued success of the business, the seller has offered to finance 10% of the purchase price. Priced at $2,300,000, a 10% down payment of $230,000 will return $305,168 in the first year after debt payments! Despite limited marketing efforts, growth opportunities include ramping up marketing and advertising initiatives. Additionally, hiring additional staff could help meet increasing demand and expand their customer base.
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