Listing Title: LUCRITIVE NICHE SPRAY FOAM INSULATION BUSINESS
Location: Southeast Michigan
Listing ID: MI042522
Listing Status: Under Contract
After a successful long run in the business, the owner of this highly reputable operation is ready to step back. Presenting a lucrative niche focused company specializing in spray foam insulation and coating services including Polyurethane Foam, Single-Ply Protective Coatings, Single-Ply Restorations and service call repairs. Insulation and waterproofing are the core of this business focusing on commercial industrial roofing with a small mix of selected qualified residential projects.
The company offers high end/ high efficient insulation products, the most high profile on the market, which is spray applied. This business positioned itself as the industry expert with small, but well-trained dedicated crew and honest work ethic.
The Owner is not working on the field and spends between 15-20 hours weekly with responsibilities consisting of overseeing the operations, estimating and troubleshooting when needed, customer service and accounting functions.
The Seller would like to see the business succeed and is happy to stay on board for a negotiated period to familiarize the buyer with all aspects of the business. The business is attractively offered at below 3 x SDE with plenty of room to grow and excellent profit margins. More information is available with signed NDA and proof of financial capabilities.
Total Sales: $676,175
Cash Flow: $301,608