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Highly profitable fall protection and debris containment company. The company is one of few providers to offer full service fall protection and debris containment products and services. The Company’s revenues are recession resistant as companies must continue to invest in worker safety, despite dips in the economy. The Company continued to see annual growth throughout the downturn, growing 53% between 2007- 2009. With strong growth even during the economic downturn, the Company is poised for continued significant growth. The Company is expected to benefit by the increased focus from OSHA on fall protection demonstrated by increased number of inspectors and inspections, proposed increase in OSHA fines including potential jail time for business owners. Additionally, the federal stimulus projects, the economy stabilizing, continued awareness, eventual return of the construction market and the opening of a hands-on, comprehensive training facility including OSHA compliance courses will provide additional opportunities for continued substantial increases to sales and profits.
Please refer to listing ID: 1192
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| Industry: |
Wholesale and Distribution |
| Industry Segment: |
Wholesale and Distributors |
| Geography: |
United States > Atlantic |
| Gross Revenue: |
$2,924,030 |
| Cash Flow: |
$1,341,524 |
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| Year Established: |
2003 |
| Number of Employees: |
6 full time - |
| Relocatable: |
Yes |
| Mgmt. Training/Support: |
Transition support to be negotiated and provided. Minority owner willing to role partial or all equity into new company ownership. |
| Reason For Selling: |
Majority owner wants to retire. |
| Facilities: |
14,200 sq. ft. office, warehouse and indoor training facility plus an outdoor training campus for net certification. No land or buildings are included in this sale. The owners will negotiate lease terms or possible sale. |
| Market Outlook/Competition: |
Well positioned in marketplace as a one-stop shop for fall protection needs. Company has a strong reputation for exceptional and prompt service. Diversified marquee customer base and high profile portfolio. Market outlook is favorable due to continued awareness and new focus on fall protection by OSHA. |
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| Email: |
admingb@cornerstone-business.com |
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