Hot Listing

North Carolina Hurricane Shutter Business

Asking Price$6,585,000

Cash Flow
$1,374,367

EBITDA$1,299,496

Gross Revenue$5,032,272

InventoryNot Disclosed

FF&E$114,750
Included in asking price
East Coast Hurricane Shutter Business for saleSave
Hot Listing

North Carolina Hurricane Shutter Business


Asking Price$6,585,000

Cash Flow
$1,374,367

EBITDA$1,299,496

Gross Revenue$5,032,272

InventoryNot Disclosed

FF&E$114,750
Included in asking price
Business Description
This North Carolina hurricane shutter business sells and installs various types of storm and security shutters and screens to homes and businesses from the Outer Banks, to Myrtle Beach and to the mountains of North Carolina. The business is well established with almost 20 years of experience and has installed over 30 miles of end-to-end roll shutters during this time. They are known in the area for their top-of-the line quality products and exceptional customer service. The business has over $1M of work in process which is not included in the sales price for the business. A pro-rated share will be due to the seller at time of closing. This business is unique with their approach to customer service, worth ethic and sales.
About the Business
Years in Operation
22
Employees
17
Facilities & Assets
The location is ideally situated on the main street with excellent visibility. This leased property includes a showroom and storage for inventory and equipment.
Market Outlook / Competition
The business's strong commitment to customer satisfaction has resulted in numerous word-of mouth referrals. Those referrals, combined with a strong vendor base make them the first choice when looking for storm and security shutters in the area.
Opportunities for Growth
Over the last 20 years, the business has grown and expanded its territory and the opportunity to continue growing is made possible by the threat of larger and more severe storms. There are possibilities for expansion with a second or third location due the increase of new construction and home sales that are being brought to the area with the expansion of the interstates. The business has exclusives on the best products available including growing opportunity with security products for businesses that are concerned about safety.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Retirement.
Transition Support
Negotiable.
Listing Info
ID
2298331
Listing Views
2592
Attached DocumentsAttachment Disclaimer

North_Carolina_Hurricane_Shutter_Business.pdf


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Business Listed by: Rick Davis Benchmark Business Group

Listing ID: 2298331 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.