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Insulation Company

Description

The Company operates an engineering and manufacturing business of removable/reusable insulation covers. Headquartered in the Midwest, the Company is recognized as the leading fabricator in the insulation industry for 30 years. We are servicing our clients nationwide, as well as worldwide. The Company operates out of an excellent facility that encompasses over 15,000 square feet building owned by the owner and valued at $1.8M.

The Company is a family owned business and currently employs 20 full time employees. The Company is flexible with sizes of contracts and provides small contractors with one or two valve covers, as well as has long lasting relationship with larger accounts, including US Navy and Army, delivering high quality and durability insulation products. The Company uses customized sophisticated fabricating processes to create superior quality insulation products. The Company has built a solid reputation within its key customers and has enjoyed considerable success through referrals and repeat business. The Company has focused on small and medium size, niche custom jobs that provide attractive margins. The Company also serves markets with larger projects, which helped the Company to expand its footprint and presence in the marketplace nationwide and worldwide.

Growth has been largely a result of proactive marketing efforts directed toward utilization of the Company’s high quality (soft) insulation covers. The Company primarily targets the industrial accounts for insulation of: Valves, Steam & Gas turbines, Boilers, Flanges, Heat exchangers, Expansion joints, Exhaust manifolds, Engines. With a great reputation and strong growth opportunities, this is a great opportunity for acquisition! Contact leon@troyba.com to sign an NDA and call us at 847-420-4206 to learn more about this opportunity.

Additional Business Details

Inventory (Included in Price)
$240,000
Equipment and F&F (Included in Price)
$120,000
Number of Employees
23
Facility Size (SF)
15,000
Monthly Rent
TBD
Years in Business
28
Seller Financing
Available
Reason for Selling
Retirement

Overview

Revenue:
$3,000,000
EBITDA:
$1,050,000
Business Value:
$4,300,000
Real Estate Value:
$2,000,000
Total Purchase Price:
$6,300,000

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