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![[Businesses for Sale]](saletop.gif)
EXECUTIVE SUMMARY PBG Reference No.: S599 Specialty Manufacturer Erection Subcontractor Service and Installation
We are pleased to present this business opportunity for your review. Premier
Business Group, Ltd. is one of the leading business brokerage firms in the
Midwest. We specialize in representing manufacturing, distribution and service
companies in the divestiture process. The Seller pays our fees; there is no
monetary obligation to prospective purchasers. Premiers' expertise includes
assisting in structuring the transaction and financing. We encourage you to make
an appointment with the broker listed on this offering to discuss your needs, to
obtain further information regarding the company you are inquiring about, and
to receive information on other companies that may be of interest.
Founded in 1962, this company has provided outstanding service for the commercial construction market. The company is a specialty manufacturer and erection subcontractor. Their services include: design, engineering, fabrication and erection services for interior and exterior building facade products, as well as providing glass, metal panels, aluminum windows, aluminum curtain wall entries, and sealant work. Their customers consist of large developers, construction managers, and general contractors throughout the Chicago area. The company has developed several unique market segments which has earned them an outstanding reputation in this industry including:
- Custom designed exterior facade systems for monumental projects.
- Fast-track design-build commercial office building applications.
- High performance “pressure equalized rain screen” systems for exterior window wall and curtain wall applications.
- Development /application of a proprietary custom operating window system.
- Specific “application-engineered” non-typical approaches to building envelope designs utilizing top quality materials.
- “Turn key” single source applications for all of the above.
Along with their exceptional reputation, this company relies on word of mouth advertising, and repeat business to establish them as a leader in the industry, providing excellent service and quality products to medical buildings, office buildings, high-rise residential buildings, and educational buildings throughout the entire Chicago area.
There is significant opportunity for growth with this company. There has never been a marketing program in place, and the company has never had a sales force or website. Additional information on growth opportunities is included in the full profile of this offering.
FINANCIAL STATEMENT
| |
2007 |
2006 |
2005 |
2004 |
| SALES |
$23,287,899 |
$11,735,827 |
$ 9,879,497 |
$ 9,238,276 |
EBITDAS* (Adjusted Net) |
$ 2,404,652 |
$ 1,037,036 |
$ 1,417,180 |
$ 1,228,109 |
*Earnings, before interest, taxes, depreciation, amortization and owners salary.
DEAL STRUCTURE
This opportunity is being presented on an “Open to Offer” basis. All reasonable proposals will be given thoughtful consideration. The owner would prefer to sell the property, however he will consider leasing the facility. The following will be included in the sale of the company.
Assets
| Accounts Receivable | $3,400,000 |
| Inventory | $ 3,700 |
| Fixed Assets | $2,000,000 |
Liabilities
| Accounts Payable | $1,400,000 |
Included in the purchase price will be Net Working Capital (Net working capital will be defined as accounts receivable and inventory, less accounts payable.)
Also included: All furniture, fixtures, equipment, vehicles, computers and office supplies.
Excluded from the purchase are: cash, checking accounts, investments, deposits, prepaids and other owner/ shareholder liabilities.
The assets are to be sold free and clear of all claims, debts, liens, or other liabilities with the buyer receiving good and marketable title thereto.
INFORMATION SUMMARY
- Location:
Chicago Metropolitan Area
- Established:
1962
- Ownership:
“S” Corp
- Facilities:
Free standing building / on several acres of property
- Rent:
Current rent-$20,000 month
- Lease:
TBD- Sale of property is optional
- Hours:
Monday-Friday 8:00 AM- 5:00 PM
- Employees:
50 - 80 Union /Non Union. Varies from job to job. 12 office staff
- Reason For Sale:
Develop another business with wife
MARKETING AGENT

Premier Business Group, Ltd.
1130 Lake Cook Road, Suite 210,
Buffalo Grove, IL 60089
847/465-9000
This information is provided for discussion purposes only. No representation is made by Broker as to the accuracy of the information provided or any other information supplied. Broker encourages the Prospect to thoroughly review and independently verify to his own satisfaction that the information provided is substantially representative of the business activity.
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