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Insulation Contractor

Location: Eastern Idaho-Western Wyoming

ID: (#200661)

This Business Has Been Sold.
200661
Price:$4,450,000
Revenue:$5,857,000
Cash Flow:$1,410,000
FF&E (Assets):$650,000
Inventory:$50,000
Real Estate:$0

Overview

This company was founded in 2000. Since then, the business has quickly grown to be known as the “go-to” insulation service provider for private and commercial contracting and construction companies in Idaho, MT and WY. The Company has used the past 19 years developing relationships with both customers and suppliers to get competitive deals and repeat business.

The seller is willing to stay on for a year to help transition and work sales for the company.

The business is widely recognized for its reliability and quality of service. For this reason, the company's project pipeline is always full and is challenged with the task to keep up with demand.

Details

Reason for Selling:

The owner wishes to retire

Established:

2000

Employees:

26

Furniture, Fixtures, and Equipment (FF&E):

Trucks, and all equipment

Facilities:

Leased. Open to selling.

Inventory:

Most Inventory is purchased weekly. Will supply enough till next shipment.

Competition:

One of the main differences between the company and competitors in the area is reliability. Reliable service keeps the Company ahead of all competitors. The owner will take any phone call with a client, communicate frequently, shows up to job sites when he says he will, and takes care of customers if problems arise. For this (along with many others), the Company charges a premium for services and doesn’t acquire too many contracts at once in the effort to keep the customer experience consistent and positive.

Support and Training

The Owner is willing to stay on as an employee for up to a 365-day transition period during which the existing owner will provide training and support. It is expected that the current staff, including the foreman, will stay under the new ownership.

Broker Contact Information

broker Alex Hart
Read Full Bio...
  • Alex Hart
  • Idaho - Idaho Falls
  • (208) 390-0075 Mobile
  • (208) 401-9523 Office
  • Appointment Only:
  • Bristol Group
  • Idaho - Idaho Falls
  • By Appointment Only
  • 333 W. 49th S.
  • Idaho Falls, Idaho 83404
  • Real Estate Broker: Bristol Group