Business Description
For sale is a 4 and half-year-old business located in Virginia that utilizes composite materials to replace traditional wood decks for residential homes. They offer all deck types specializing in composite materials, and add-on services include fencing, screened-in rooms, and concrete.
The business’s durable and moisture-resistant composite decks thrive in its area, which is known for its humid subtropical climate and has installed over 3,000 decks in its surrounding area.
They almost tripled in revenue from 2019-2020 due to an aggressive advertising and marketing campaign and expanding locations via satellite offices to more efficiently service surrounding areas. The business has been on an upward trend of growth ever since. Clientele consists of 40 to 85-year-old homeowners with a significant military presence, and the average order value is $25,000.
The business has eight crews with the ability to flex to ten to meet increased demand, along with a staff of five. The owners are moving on to pursue different business ventures but are confident the team will stay with the company post-sale. Owner no. 1 is open to staying on for an entire work season to help with a new owner transition.
| 2019 | 2020 | 2021 | 2022 | |
| Revenue | $1,281,439 | $3,140,349 | $4,021,738 | $5,349,572 |
| SDE | $252,029 | $488,224 | $962,823 | $1,832,474 |