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.