Appliance Installation Company for National Retailers
Gross Revenue: | $15,390,771 |
EBITDA: | $465,720 |
Description:
The Company specializes in the installation of appliances, electrical and plumbing fixtures, water heaters, water treatment systems, and shower doors through affiliations with nationwide retailers.
Key Aspects:
• Revenue grew at a compound annual rate of 49.4% from 2021 through the trailing twelve months (TTM) ending June 30, 2024, excluding all COVID-19 related funding and one-time income
• Adjusted EBITDA margins averaged 6.3% from 2021 through 2023
• The Company has open-ended installation service agreements and sell, furnish, and install (SF&I) service agreements with nationwide retailers
• In operations for over 20 years
Opportunities:
• Add search engine optimization (SEO) to the company website to improve visibility and attract new customers
• Pursue additional installation service agreements and SF&I service agreements with large retail companies
• Offer installation services to commercial markets to increase revenue
• Expand geographically with current retail companies to grow revenue
Current Markets:
• The Company serves residential customers throughout the Southeast and Northeast, US.
Headquartered:
• Southeast, US
Real Estate:
• The Company operates from a 3,000 sq. ft. facility owned by an affiliated party. The Company is building a 12,000 sq. ft. facility, which the company will own. Construction is expected to be completed by the end of 2024.
Shareholder Objectives:
• The Company is fully owned by a single shareholder. The owner is seeking a buyer to help create a national installation network. The owner is excited to remain with the Company and help facilitate growth.