Finish Carpentry - Custom Decks Contractor in WA
Rapidly growing Builder of custom outside decks in the greater Spokane, WA area. With forecasted sales of $5.3 million in 2025 with strong margins, and a formalized management structure that is built on a decentralized model of work crews, the Company is poised for continued growth in one of the most dynamic housing markets in the United States.
The Company has shown strong growth over the last few years with no end in that growth foreseen. Given the high demand for its services, the Company has been able to maintain its operating margin at a time when the home construction industry has experienced a great deal of margin pressure due to an increase in raw material from lumber prices and other material used in the industry.
The Company was founded over 25 years ago and has developed a reputation within the Spokane region as an honest and forthright company that delivers value to its customers.
The Company attributes its impressive growth to the quality of its work and the skill and respectfulness of its employees, as well as the Company’s image as a clean, responsible, and moral company. Adding to its following in the Spokane market is the Company’s consistent spending on “drive time” radio advertising and social media platforms over the last several years.
The Company installs mostly synthetic wood decks given the significantly better wear and tear of synthetic wood decks compared with natural wood decks, particularly in the Spokane region where decks are exposed to hot summers and cold winters, with the decks often under snow and ice during the winter months. The higher cost of synthetic decks has also narrowed over the last year with higher lumber prices.
The Company has an excellent market Growth Potential. Given the high demand for the Company’s residential product the Company has not ventured into marketing to the commercial sector in the region. This is due in large part to the fact that the Company has not been able to keep pace with the residential demand for its product. In fact, during the COVID pandemic period the limiting factor for the Company has been finding enough experienced or even entry level labor to allow it to expand its sales further.
Financials (USD)
Asking Price Not Disclosed
Cash Flow $789,000
Sales $5,300,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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