Highly profitable ... after 65+ years!
This company is an industry leader in noise control and acoustic products, including passive absorption, barriers, enclosures, louvers, silencers, doors, windows and other sound control related products. They provide engineering services, product application design, and sales and installation of these products to general contractors, studios, the entertainment industry, police and fire, community facilities, churches, aerospace, military, manufacturers, and the occasional affluent homeowner.
This company was established in 65+ years ago and has a robust sales pipeline. They receive daily referrals from major acoustic product manufacturers for their Southern California and Nevada clients. Their customers are primarily mid-to-large scale general contractors (80%), with some end-users and specialty contractors (20%). They have an excellent repeat customer base (40-45% of sales). 80-90% of the jobs include sales and installation, while 10-20% are product sales only.
The business has thrived for nearly seven decades. The current owner started as an employee and purchased it when the prior owner retired. He has done a stellar job, truly taking the company to the next level. He implemented technology, streamlined operations, improved efficiency, expanded product lines, and dramatically increased sales. The proof is in the numbers: during his 11 year run, gross revenue has increased 4x, with excellent profitability to match.
This is a tremendous niche business that has it all: millions of dollars in future signed contracts, a great history, tremendous value add, limited competition, a well-recognized brand, excellent reputation, and decades of goodwill. If you are in construction, this is a unique expansion opportunity. If you're looking to enter the industry, this is an excellent, thriving, high-net profit company. Either way, this opportunity will not last. Reach out to the Agent today!