Business Overview
This company provides specialized weatherstripping services which refurbish windows and patio doors to their original functioning and efficiency or better. Services emphasize quality workmanship, expert installation, and the ability to reduce drafts, energy loss, and noise for residents in commercial, property management, and condo developments. Customers often save 80% to 90% compared to full window replacement costs. The company invests very little time or expense in acquiring customers, with demand generated almost entirely from inbound requests and repeat business. Operations are lean, with minimal COGS and most expenses tied to labor, travel, and job supplies.
Customer Base
All revenue is generated through work for two major high-rise developers who provide projects during the active season. There are multiple open work orders in place with both developers, and the new owner will be introduced and granted these orders. Successful completion will help cement these strong existing relationships.
Financial Performance
- Gross Revenue: $478,000
- Cash Flow: $230,000
Performance is consistent with historical earnings and reflects scheduled work already secured for the season. The adjusted earnings account for fair market replacement wages while retaining essential operating expenses.
Growth Opportunities
- Customer Diversification: While the business currently serves two major developers, additional demand exists from other developers and engineering firms that provide condo referrals. Pursuing these opportunities could expand revenue.
- Marketing: With near zero time and resources invested into customer acquisition, even modest marketing efforts could generate additional clients and projects.
- Seasonal Utilization: The business could increase revenue by more fully utilizing the April to November working season.
Conclusion
The business offers a buyer strong profitability, lean operations, and well-established developer relationships. With minimal marketing investment, significant cost savings to customers, and multiple open work orders, the company is well positioned for stable performance and future growth under new ownership.
