Hawaii Water Catchment & Gutter Systems

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Asking Price:
$325,000

Gross Revenue:
$450,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
included in asking price

FF&E:
$70,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This very profitable 20+ year-old construction contractor is a fabricator and installer of water catchment and gutter systems and also provides related cleaning and maintenance services on one of Hawaii’s islands. Their customers include building contractors, commercial building managers (hotels and businesses) and homeowners; they do both new construction and remodel. Their market demand is booming, and they are turning down lots of work. Quality competition is limited. They are fully licensed and insured. Many of their customers are very famous people with second homes in Hawaii.

They are home based and have state of the art gutter forming machines, all other required equipment and tools, vehicle and they employ a talented fabrication and installation crew. Their gutters and water catchment systems are offered in 5” and 6” seamless aluminum in dozens of colors with a baked enamel paint on both sides, and in 6” half round copper, which is perfect for Hawaii because it resists salt corrosion and weathers to rich green and red patina. Gutters are formed on the construction site. For several years the owner has only been working abut half- time and travels a lot. He believes that a full-time owner operator could easily double revenues and profits. After the business sale the owner plans to retire and increase his travel.

Based on first half 2019 performance, they expect revenue in 2019 of over $450,000 and owner’s cash flow (“SDE”) of about $200,000.

The business offers the current owner enough money to live well in Hawaii’s paradise and is being offered at an attractive price, on a fully turnkey basis and the owner will provide training and a long-term non-competition agreement.

Please contact us for a detailed 40+ page Confidential Business Profile which contains full financial information based on tax returns, complete market and business information and photos.

Is now the time to own a Hawaii business?

About the Business

Location:
Hawaii
Year Established:
1998
Number of Employees:
3
Home Based:
Yes
Facilities:
Home based
Market Outlook/
Competition:
Limited quality competition
Growth & Expansion:
They believe a buyer could double revenue
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Two weeks
Seller Financing:
$65,000, 36 months, six percent (6%)

Listing Info

ID:
1631952
Ad Detail Views:
651

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Business Listed by

Tom Caltrider

Hawaii Business Sales

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