For sale is a family-owned 12-year-old patio cover and deck business based in Phoenix AZ. Services include building water misters, for patios, and garage floor coatings. All Organic No Chemicals!,being the best-selling service (comprising 50% of revenue). The clientele is 70% residential and 30% commercial, with the majority being repeat and referral customers. On the commercial side, they work with one of the biggest multi-unit developers in the Pacific Northwest, building their decks railings, stair railings, and ADA handrails. Despite new construction halting in certain geographic areas of the country, this part of Arizona's is booming and many properties are being built, increasing client bids and an influx of job opportunities. While Q1 2024 looks down, they are actually doing quite well. While they were previously under contract for six months and planning to close, they didn’t bill commercially because they were going to do one huge billing right before the sale went through. They have since rectified that and sent out the invoices, so Q2 should reflect healthy profit. In addition, they also brought on and were training two carpenters, which is a huge added value to the business but did affect profits. May looks to be a record month, with more than $90K collected in just the first week. The owners look forward to retirement and currently have 6 W2 employees, including two long-time senior managers who could take over day-to-day operations and six field crew employees. The owner is confident they will stay with the company post-sale. It would be helpful, though not necessary, for a buyer to have basic knowledge of the industry and bidding.
2019 2020 2021 2022 2023 Revenue 896.769 US$1.145.996 US$ 1.539.738 US$ 1.664.288 US$1.545.512 US$ SDE 255.459 US$257.830 US$330.519 US$383.028 US$ 599.669 US$ The listing is either pending or closed so the NDA cannot be signedHeading
