📢 Deal Alert - Exterior cladding company & 4 more

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-Harry & Carter

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Table of Contents

• Exterior Cladding Company

• Industrial Ventilation Systems Manufacturer

• Home Improvement Business

• Residential HVAC Business

• Asphalt Service Business

1. Exterior Cladding Company

• Location: New Hampshire

• Asking Price: $3,900,000

• EBITDA: $1,311,732

• Multiple: 2.97x

• Revenue: $4,553,645

• EBITDA Margin: 29% 

• Employees: 7

• List Date: 7/23/24 

• Reason for selling: Retirement

Harry & Carter’s thoughts:

The company excels in delivering comprehensive exterior packages for intricate projects, utilizing a seasoned team of field staff, office support, and a network of subcontractors. Renowned for its robust relationships with customers, suppliers, and contractors, the company maintains a strong industry reputation. Commercial projects account for 90% of the company's revenue, with the remaining 10% derived from high-end residential customers. Additionally, 75% of the company's revenue is generated from new construction projects.

• Established in 2014

• Commercial projects = 90% of revenue

• 1,500 sq ft warehouse & 300 sq ft office space

• In-house CNC foam cutting capabilities

❓Are there long-term contracts in place with customers?
️❓Does the management team carry the licenses necessary to operate?
❓What is the owner’s role in the business?

Inquire:

Link to listing here

Broker: Marco White

Contact: N/A

2. Industrial Ventilation Systems Manufacturer

• Location: Los Angeles, CA

• Asking Price: $3,200,000

• EBITDA: $1,749,000

• Multiple: 1.83x

• Revenue: $4,800,000

• EBITDA Margin: 36% 

• Employees: 18

• List Date: 7/23/24 

• Reason for selling: Retirement

  Harry & Carter’s thoughts:

  Founded in 1978, this company specializes in sheet metal fabrication, focusing on the manufacturing and installation of advanced dust collection systems and industrial ventilation systems. The customer base is very diverse and includes corrugated box manufacturers, printing companies, aerospace companies, and food production companies. The company is historically profitable and has had an adjusted EBITDA of more than $1.4m every year since 2021.
  

  • 80%-90% of products are built in-house

  • Over 400 accounts

  • 46-year operating history
    

  ❓What is the average customer ticket size?
  ️❓What is the current geographic footprint of the business?
  ❓What does the competitive landscape look like?

Inquire:

Link to listing here

Broker: Gateway Business Sales

Contact: (949) 546-0903

3. Home Improvement Business

• Location: Southern Maine

• Asking Price: $1,700,000

• EBITDA: $490,000

• Multiple: 3.46x

• Revenue: $1,900,000

• EBITDA Margin: 26%

• Employees: 7

• List Date: 7/23/24 

• Reason for selling: Retirement

  Harry & Carter’s thoughts:

  Established in 1995, this business in the home improvement sector has had nearly 30 years of operational success, steady growth, and high profit margins. The business serves both residential and commercial markets, with residential being the largest. Its primary market area is southern Maine, though not exclusively.
  

  • Revenue: $1,900,000

  • Facility lease: $65,000 per annum

  • FF&E: $255,000 - included in the asking price

  • Owner financing is available
    

  ❓Who are the biggest competitors?
  ️❓What happens if the real estate market slows down?
  ❓What percentage of revenue is new construction vs maintenance?

Inquire:

Link to listing here

Broker: Maine Business Brokers

Contact: (207) 775-1957

4. Residential HVAC Business

• Location: Dallas, TX

• Asking Price: $3,200,000

• EBITDA: $861,307

• Multiple: 3.72x

• Revenue: $2,266,116

• EBITDA Margin: 38%

• Employees: Unknown

• List Date: 7/22/24

• Reason for selling: Retirement

  Harry & Carter’s thoughts:

  This 24-year-old residential HVAC business serves the Dallas market and is centrally located within the metro area. The business has long-term, well-trained staff in place which should aid with any owner transition. The company utilizes QuickBooks for its accounting needs and outsources its payroll efforts. The majority of revenue comes from working with home warranty providers, suggesting a high reputational value.

  • 24-year-old business

  • Residential HVAC services

  • Long-term trained staff

  • Revenue from home warranty providers

  ❓What are the licenses needed to operate this business?
  ️❓What is the customer concentration?
  ❓What is the owner’s role in the business?

Inquire:

Link to listing here

Broker: BizMLS

Contact: (727) 232-0609

5. Asphalt Service Business

• Location: Phoenix, AZ

• Asking Price: $4,400,000

• EBITDA: $1,700,000

• Multiple: 2.59x

• Revenue: $8,600,000

• EBITDA Margin: 20%

• Employees: N/A

• List Date: 7/22/24 

• Reason for selling: Other ventures

  Harry & Carter’s thoughts:

  This asphalt paving and grading services company has been operating in the Phoenix metro area for over 15 years. It has developed a strong clientele, including general contractors, commercial property owners, and private customers, along with a solid brand and reputation. Revenue has consistently grown, and the business maintains healthy EBITDA margins of 20%, offering a solid financial foundation for a new owner.

  • Established for 15 years

  • Proprietary bid tools

  • $1,700,000 EBITDA

  ❓What is the customer concentration?
  ️❓How reliant is the business on the current owner’s industry contacts?
  ❓What is the revenue breakdown between services?

Inquire:

Link to listing here

Broker: Sunbelt of Phoenix

Contact: (480) 809-3199

Thanks for reading and don’t hesitate to reach out! - Harry & Carter

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