SEEKING BUYER
1 buyer interested
Spray Foam & Cellulose Insulation Contractor in Central Illinois
Consumer Services · Central Illinois
revenue: $2,989,000
ebitda: $423,000
Exclusivity:
Exclusive Representation
SBA Eligiblity:
Eligible
Revenue:
$2,989,000
EBITDA:
$423,000
This insulation contractor has served the same Central Illinois market for over 20 years, installing spray foam and cellulose for builders, homeowners and commercial owners within about 150 miles of its base. The two owners are selling 100% to focus on their other companies and will support a transition of up to twelve months. Financials for the twelve months ended August 2026: revenue of $2,989,000, Adjusted EBITDA of $423,000, and an asking price of [asking price]. Revenue has held near $3.0M in each of the last three fiscal years. The deal is SBA eligible. The business runs without the owners day to day; crews, estimating and admin handle operations with a year-round staff of twelve. It holds registered-ally status in a state utility energy-efficiency program that drives about a fifth of revenue, and the program’s budget doubled this year. The company is a certified dealer for a national cellulose manufacturer, owns its fleet of three spray foam rigs and two cellulose trucks, and carries a backlog of approximately $1.0M. The top 15 customers make up about half of revenue with no single account dominant. Buyers should know the business is relocating to a new facility that the sellers own and will lease to the buyer. The EBITDA bridge from $205,000 reported to $423,000 adjusted is supported by tax returns and GL detail, available under NDA. For buyers who want to move on a faster timeline than SBA financing allows, we also have relationships with private credit funds.