ACQUISITION / PARTNERSHIP OPPORTUNITY D-1740

Window and Door Distributor 

A “partner” is sought to assist in the management and growth of a profitable Window Distribution Company servicing residential new construction in the Greater Cincinnati / Dayton markets.

Fifty percent ownership is being offered for someone with good management, financial and sales management skills.

Family owned business with an excellent reputation for customer service.  A shift to increased amount of installation and manufacturing of some ancillary products has improved margins over the past five years. 

New product just being introduced is receiving excellent reception from the company’s customers.

The current owner is highly effective in the field with customers but lacks the education and desire to manage the financial and people part of the business.  He is seeking the right person to handle those areas of the business with the expectation of improved profitability and growth. 

Ultimate goal of the current owner in several years is to sell his 50% to the new partner or to sell the entire company to a third party.

Offering Price (non-negotiable) for 50% Ownership:

 ·     $200,000 cash (paid into the company for new shares) for additional working capital.

• Replace current owner’s personal guarantee on $200,000 line of credit.

• The Company will pay the current owner an additional $150,000 over three years ($50,000 bonus per year); otherwise, the current owner and new partner will receive equal compensation.