Business Overview
About the Company
Our client’s offering, is a cash positive, profitable, pass through business of twelve year’s standing. It represents a golden opportunity to expand an already profitable well-respected company in an exploding market. They did as much business by the end of July 2023 as in all of 2022. Our client is located in Florida and serves all of Collier and Lee Counties; i.e., Naples, Ft. Myers Beach, FT Meyers, Marco Island, Bonita Springs, and Estero. Our client sells hurricane shutters and screens, impact doors and windows. There is very little ongoing cash outlay for this profitable business, nor is cash tied up in inventory. Customers make cash deposits upon order and pay upon completion. 90%+ of products ordered by customers are made to customer specifications by a qualified third party on a net 30-day basis following delivery. Our client does not manufacture the products they install and only orders products after receiving specific customer orders and deposits. The Company rents warehouse/office space and vehicles so there is very little capital outlay for this excellent and profitable business. The firm has a stellar reputation and receives many referrals.
Our client operates with a profitable, cash positive business model.
The company sells hurricane shutters and screens, as well as impact doors and windows. All products are made to customer specifications by a well-qualified reliable third party. Company does not manufacture any of its products.
The company takes orders with a 30 to 50 % down payment, and places the order with its vendors. When the vendor fulfills the order and the products have been received, the payment terms established with 95 % of the suppliers are net 30. The Company installs the product usually within a week of receipt, collects the remaining balance from the customer, and pays supplier within established terms (net 30). Our client rents warehouse and office space, as well as vehicles. There is very little capital outlay for this profitable business.
Customer service agents document any problems and immediately schedules service if the required fix is simple. If an issue is more complicated, Customer Service sets an appointment with the customer and a technical sales rep who takes it from there.
The company is driven to provide excellent customer service, with integrity, doing it right the first time. The company provides the right product to meet customer needs out of multiple products from various suppliers. They are not locked into selling an in house made, branded material. The Sellers believe in operating with integrity in all business relationships both with customers and suppliers and doing it right to meet customer requirements.
This approach has succeeded, starting from a zero base 9 years ago, to an expanding company that has been profitable very year since its inception.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
