Kenilworth, IL (Cook County)

Business Thrived During COVID. The Company's EBITDA Has Grown By 59% Since 2018!
Ad#:1839086
Added:04/04/21

SIGN THE NDA BY COPYING & PASTING THE LINK BELOW:
https://na2.docusign.net/Member/PowerFormSigning.aspx?PowerFormId=516a66eb-22b0-444a-8bd7-5d634c54416f&env=na2&acct=d939ab29-2ec8-4b5f-9c5a-bc46663ab42b&v=2

BUSINESS SUMMARY:

This 60yr old home improvement contracting Company is a well-established family-owned business. It has built a stellar reputation in providing quality home improvement products & installations in the the greater Chicagoland area since 1960. Since its inception, the Company has steadily grown over six decades from being an owner operator business, to a distinguished operation with a fleet of service vehicles, a 36-person workforce, and $6.73M in sales!

The Company is operated beautifully from a facility that boasts a 4,000 sq ft showroom and an additional 3,000 sq ft warehouse with a securely fenced lot. The Company has a robust Management Team in place that governs all day-to-day operations. Their highly experienced sales team which possesses over 90 years of combined experience in charge of selling their extensive line of exterior remodeling products.

INVESTMENT CONSIDERATIONS:

- Stellar 60+ year history.
- Steady consistent revenue- 10.15% in last 3 years.
- Reliable growth in EBITDA- 58.55% in last 3 years.
- Top 20 customers represent 7.80% of sales (extremely low customer concentration).
- High barrier of entry
- Outstanding online reputation on BBB, Google, Angie’s List, etc.
- No AR issues, full balance is collected at installation.
- No debt
- Limited working capital required.
- Exceptionally low technological volatility.
- Strong management structure in place that is willing to stay on post sale.
- Low employee turnover- sales team has combined 90 years of experience.
- Established relationships with suppliers & customers that have been in place for decades.
- Recession/pandemic proof- displayed growth through COVID crisis.
- Operates in the 3rd largest metropolitan area in U.S.
- Remodeling industry is a growing sector- 4.5% CAGR.

Detailed Information:

Location:
Kenilworth, IL

Employees:
36

Facilities:
The Company is operated beautifully from a facility that boasts a 4,000 sq ft showroom and an additional 3,000 sq ft warehouse with a securely fenced lot.

Support & Training:
The Seller is proud of the business they've built. Their primary goal is to make sure the new Buyer is successful. Hence, they will stay on as long as the Buyer needs them.