2 Location Windows and Doors Company in FL (Orlando & West Palm Beach)

Seller Financing Available

Windows and Doors Company

2 Locations for a Windows and Doors Company In Central and South Florida For Sale With Properties

Asking Price: $1,800,000 for the business. Properties can be purchased for $3,500,000
Properties will need to be sold separately. He is also open to leasing back the properties.

Annual Figures: 2023
Gross Sales: $2,735,505
Net Profit: $471,003

Expenses: 2023
Permits/Engineering: $139,544
Payroll: $123,649
Rent & Lease: $180,000
W-9 Delivery Shipping (payroll for install subcontractors): $288,771

Business Highlights:
- One location in South Florida and one location in Central Florida
- South Florida location started 2008. Central Florida location started 2020.
- South Florida location is roughly 65% of business. Central Florida location is roughly 35%.
- 2 beautiful showrooms come with the business. One valued at $1,000,000 (4,000 sqft) and the other $2,500,000 (9,000 sqft)
- 80% residential and 20% commercial (20% of the business is given by general contractors)
- 80% Retrofit 20% new construction jobs. No repairs or maintenance.
- Great reviews online. In business since 2008
- Owner splits time between both locations but just to make sure things run smoothly.
- 3 office employees. 2 crews (3 guys per crew)
- On average does 10-15 jobs a month
- No advertising. All referral business.
- Plenty of room for growth
- 2 company trucks included in the sale (2016 & 2018)
- Owner will qualify the business for a few months until they find a qualifier
- Owner can be paid to use his license, if needed
- Office manager uses Excel for books
- Books are very clean and can verify everything by bank account and other ways

***Net profit was lower prior to 2023 because of how the owner was paying his employees
*** 2024 numbers will look similar to 2023


2023 Add-backs
Depreciation - $23,605
SBA Interest - $44,263
Truck Auto Loan - $22,500
Wages (Owners Salary) - $50,000
Total add backs = $150,368

NOI from 2023 P&L ($470,635)
+ addbacks ($150,368)
= $607,726 - $180,000 (rent factored in) + $30,000 (net cash) = $471,003

2022 Add-backs
Charitable contributions - $12,601
Depreciation -$38,745
Truck auto loan - $32,783 (Personal)
Wages (owners salary) - $60,000
SBA Interest - $53,608
Total addbacks = $197,737

NOI from 2022 P&L ($146,023)
+ addbacks ($197,737)
= $343,760 - $180,000 (rent factored in) + $30,000 (net cash) = $193,760

2021 Add-backs
Depreciation - $38,745
Wages (owner's salary) - $55,000
Truck Auto Loans - $32,783
Total addbacks = $123,528
NOI from 2021 P&L ($167,104)
+ addbacks ($123,528)
= $290,632 - $180,000 (rent factored in) + $30,000 (net cash) = $140,632


South Florida property worth $1,000,000
Central Florida property worth $2,500,000