Financing: $400,000.00 Down and 175,000 at 7% over 36 Months
Reason for Selling:Unfortunately, there are just too many differences of opinion, as to what direction to take the business with current ownership.
This is a well managed full service insulation company located
on Long Island and established for 10 Years. This profitable business specializes in
Spray Foam insulation, but also installs fiberglass and cellulose insulation for residential and commercial projects.
The business target area is experiencing remarkable growth in the growing energy saving market.
The insulation industry as a whole is booming, especially the spray foam segment.
Hotels, shopping centers, restaurants, housing and apartment complexes are going up in this geographic area.
Growth and Expansion:
This successful business offers a new owner stable revenues with upside potential. The current 2015 year was just shy of $1,000,000
in sales. Gross sales for 2016 as of July 27th are $664,000. One of the owners does all the office work, budding and sales.
Due to the demand of his time, he misses alot of the bids. One of the other owners works with the crew at the various jobs sites.
The business has the equipment infrastructure in place to rapidly grow. However, the growth can be accelerated with the right management.
The sellers admit that they are passing on a lot of business they do not have the key people to help them sell, bid and execute more work.
This business can easily be doing $2,000,000 to $3,000,000 a year with the right team in place. Company has potential to be franchised.
Domain name which is Google Ranked in the top five for key words in its industry.
$80,000 worth of insulation equipment.
2 Self contained Rigs (Generator, Compressor, H30)
1 Branded Pruis Sales Car
1 Mech/ Crew Truck
Seller rents a commercial warehouse.
Support and Training:
Full support and training will be provided. Seller would consider working for the new owner or possibly forming a partnership.
Please call 1-877-735-5224 for further information.
Attention Business Owners:
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.