Installation & Maintenance Contractor for Awnings, Retractable Screens & Storm Shutters

 Southeastern Massachusetts

Business Description

 Exceptional opportunity to acquire this unique, clean and profitable contracting business that installs a variety of exterior window, pool & patio and doorway treatments for shade, shelter and storm. Established in 2006, the company has grown in reputation and revenue to one of the leading Awnings, Screens and Storm Proof Shutters installers in Massachusetts. Numerous strong relationships with general contractors, architects and suppliers are referring private home and commercial installations. The majority of customers are upper income with homes on the water; South Shore, Cape Cod, Martha’s Vineyard and Nantucket. Additionally, there are recurring, high-margin service and maintenance jobs as products wear from exposure to the elements. Many new building codes now require hurricane shutters for homes within a 1 mile proximity to the ocean. It’s estimated that this common sense enforcement will further drive business sales. Numerous jobs in the pipeline ready for 2020.

Business is offered with all equipment necessary to perform the services. Three vehicles, owned outside the business are available if needed at an additional negotiated price.

Employees: 3 full time plus subcontractors.

Inventory: Parts & Materials estimated $10,000, included in asking price. Most inventory is ordered as job specific from customer down payments.

Facilities: Leased $2800/mo. exp. 6/30/2020 Approximately 4000 sf.

Training: Seller will provide training as necessary.

Reason for Selling: Seller to pursue other business interests.

SDE/Cash Flow: $246,000

Gross Revenue: $1,207,000

Asking Price: $690,000

Contact John Dirkmaat at jdirkmaat@tbxllc.com for details