Status: Sold
Well Established Window and Door Supplier - Listing #: NAPFL001-N18
| Listing No: BBF-966-02112 | *Lender Pre-Qualified* *May Qualify For Visa* |
Pictures:  |
| Category | : | Construction | SIC | : | 1793 | |
| Detail | : | Contractor Windows & Doors | Price | : | 675,000 | |
| County | : | Lee | Down | : | 135,000 | |
| State/Prov | : | Florida | Adj Net | : | 168,381 | |
| Country | : | USA | Sales | : | 5,680,652 |
| This is one of S. W. Florida's most established Windows and door Contractors. The Company has had consistent growth each year since it's inception ten years ago by supplying for New Construction related demand as well as replacement orders for residential. In addition, the Company is split between the B2C and B2B sectors where it offers storefront Windows. The customer base spans four counties with the majority of the business in Lee and Collier County. |
| Reason for Sale | : | Retirement |
| General Location | : | S.W. Florida |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| : | Years Established : 10 Years Owned: 10 Emp FT: 25 Emp PT: 0 Mgrs: 2 | |
| Non Compete | : | Miles: 5 Years: 200 Weeks Training: 4 Cost: 0 |
| Operating dys/hrs | : | M-F 8:00-4:30 |
| Skills/Licenses | : | GITS License |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: Y May Qualify For Visa: Y |
| Data Source | Tax Return | Tax Return | Tax Return | ||
| Year (Cash Flow) | 2017 (N) | 2016 (N) | 2015 (N) | ||
| Gross Revenue | 5,680,652 | 5,167,792 | 4,709,837 | ||
| Cost of Goods | 4,431,815 | 4,040,214 | 3,712,411 | ||
| Gross Profit | 1,248,837 | 1,127,578 | 997,426 | ||
| Expenses | 1,240,147 | 1,198,419 | 882,229 | ||
| Net | 8,690 | -70,841 | 115,197 | ||
| Owner Salary | 70,200 | 67,790 | 64,994 | ||
| Benefits | 20,798 | 28,705 | 23,812 | ||
| Interest Expense | 36,131 | 17,280 | 9,613 | ||
| Depreciation | 31,672 | 97,238 | 11,169 | ||
| Other | 890 | 890 | 890 | ||
| Owner Benefit | 168,381 | 141,062 | 225,675 |
| Accounts Rec | 480,697 | N* | Real Estate | 0 | N* |
| Inventory | 125,000 | Y* | ___________ | 0 | N* |
| F F & E | 137,272 | Y* | Total Assets | 262,272 | Y* |
| Leasehold | 0 | N* | *Included? |
| Lease/Month: 8,389 | Square Footage: 20,000 | Building Type: Warehouse |
| Terms & Options: One 5 Year Option | Expiration Date: 3/31/2020 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 540,000 Mos: | 120 Rate: | 7.00 Mo Pmt: | 6,269.86 |
| JOSEPH ALTER | Office | : | (855) 969-3534 | |
| ASSOCIATE | Agent Direct | : | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT. MYERS | Fax | : | (866) 985-8735 | |
| 1415 PANTHER LANE SUITE 232 | Cell | : | (239) 849-9334 |
| NAPLES, FLORIDA 34109 | : | jalter@sunbeltnetwork.com | ||
| USA | Home Page | : | www.sunbeltnetwork.com/naples-fl |