Strong cash flow, fair pricing… but execution still matters.
This custom shade structures company is listed at $2.8M, generating about $3.23M in revenue and $805K in cash flow.
At first glance, this is exactly what a healthy mid-sized business should look like.
And when you run the numbers, it mostly checks out.
Deal Snapshot
Let’s run it through a standard SBA-style scenario.
Financing Overview
After debt, you’re left with about $402K per year.
That’s strong for a deal at this size.
Why This Works
This deal is balanced — and that’s rare.
- Fair pricing: 3.5x vs ~3.1x industry average.
- Healthy margins: 24.9% in line with ~25% industry norms.
- Strong cash flow: ~$400K after debt.
- Solid DSCR: 2.0 provides good cushion.
Nothing is stretched. Nothing is broken.
Why You Should Still Be Careful
This is not a passive business.
Even though the numbers look clean, this is still a project-based construction business.
- Revenue variability: Dependent on project pipeline.
- Execution risk: Delays, cost overruns, and job management.
- Labor dependency: Skilled crews are critical.
- Sales dependency: New jobs must constantly be sourced.
This isn’t a set-it-and-forget-it operation.
The Subtle Risk
Everything looks average — which means performance matters.
Unlike other deals where something is clearly broken, this one depends on:
- Consistent execution
- Stable pipeline
- Maintaining margins
If any of those slip, returns compress quickly.
What This Really Is
This is a “clean operator” deal.
- Not underpriced
- Not overpriced
- Just fairly valued
Which means your outcome depends more on execution than arbitrage.
BizHub Verdict
This deal scores an 8.1 / 10.
Strong fundamentals, fair pricing, and solid returns.
But this is a business you have to run well to keep it good.
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