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- RE: North Carolina Hurricane Shutter Business
- Contact: Rick Davis
Quick Facts
Asking Price: | $6,585,000 | |
Annual Revenue: | $4,830,739 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,276,800 | |
Total Debt: | Not Disclosed | |
FF&E: | $165,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2003 | |
Employees: | 17 | |
BBN Listing #: | 979863 | |
Broker Reference #: | 3006 |
Business Overview:
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.
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Property Features and 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 Competition and Expansion:
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.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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