Listing Number: 37645-842312
95% Cash on Cash ROI when you finance the purchase, SBA Pre-Approved!
This Window and Door dealer has a strong reputation serving Western Washington for over 30 years, STRONG cash flow, and strong ongoing relations with their clients, creating recurring revenue. With about 75% of sales coming from drop ship, and 25% from retail, this company serves both commercial and retail markets. With a focus on New construction in addition to retrofits, insurance and replacements, their income is not tied to one industry or market providing some diversity in clientele.
With strong systems in place, and a great team, this company has been able to top the industry with high gross and net margins, providing over $925k in seller discretionary earnings in 2019, with significant year after year growth continuing into 2020. Sellers are ready to move on to their next chapter, contact us for further information and financial details.
SBA 7a Loan Approval (Business is Pre-approved)
$3,000,000 - Purchase Price
+$ 77,948 - SBA Loan Fees and Closing Costs
$3,077,948 - Project Cost
$ 615,590 - Borrower Down Payment
+$2,462,358 - Lending Financing with SBA
$3,077,948 - Total
$ 28,783 - Monthly P&I Payment
SBA Financing ROI
$ 932,243 - 2019 SDE
-$ 345,396 - Annual Debt Payment
$ 586,847 - Net Income
$586,847 Net Income / $615,590 Down Payment = 95% Cash ROI!!!
Interest rate is WSJ+2% variable
No prepayment penalty
Assumes 3 months interest only payments, with 117 month amortization
*These figures contingent on buyer approval by SBA Lender
- Price: $3,000,000
- Down Payment: $615,590
- Sellers Discretionary Earnings: $932,243
- Total Sales: $3,942,543
- Location: Washington
- Inventory: $100,000
- FF&E: $25,000
- Employees: 8
- Year Established: 2009
- Reason for Selling: Next Chapter
- Category: Construction