For Sale

Phoenix Insulation Inc.
BC/Alberta

$152,000

Phoenix Insulation Inc. is the BC & Alberta Wholesaler of industrial and pre-engineered building insulation.  We operate from our home in the lower mainland.  Our customer base is primarily in BC, however, we also ship to Alberta and western United States.  The BC market sector has a potential market for approximately $2.5 million in steel building insulation only.  We have been gaining market share steadily since company startup less than 2 years ago.

Price Reduced $152,000

For more information, please contact:
Richard Palmer
(604) 792-3664

phoenixinsulation@shaw.ca 


Laminating Equipment

Typical Project, Underway.

PHOENIX INSULATION INC.
Income Statement
October 1, 2003 through September 30, 2004

Gross Sales  

100,708.74

Cost of Goods    
Insulation Wholesale
Freight
Brokerage (incl. GST)

67,968.21
9,207.58

816.88

 
 

77,992.67

 
Administration Expense    

Office Supplies
Advertising, Promotions
Telephone/fax
Interest & bank charges

35.42
767.61
1,125.72
360.86

 
  5,029.35  

Total Expense

  83,022.02
NET INCOME   $17,686.72 ==========
Note:  Phoenix Insulation also pays various personal bills,     such as vehicle lease, insurance, fuel, home maintenance, etc.  These are more personal in nature and not truly company expenses, although for tax purposes, these types of expenses are put through the company.

PHOENIX INSULATION INC.
Income Statement
October 1, 2004 through July 15, 2005 (9-½ months)

Gross Sales

  399,890.56

Cost of Goods

   

Insulation Wholesale
Freight
Brokerage (incl. GST)

246,200.31
30,845.00
5,164.75
 
  282,210.56  

Administration Expense

 

Office Supplies
Advertising, Promotions
Telephone/fax
Interest & bank charges

1,035.41
5,300.97
2,267.90
384.33
 
  8,988.61  
Total Expense   291,199.17

NET INCOME

   $108,691.39
===========
Note:  Phoenix Insulation also pays various personal bills, such as vehicle lease, insurance, fuel, home maintenance, etc.  These are more personal in nature and not truly company expenses, although for tax purposes, these types of expenses are put through the company.

For more information, please contact:
Richard Palmer
(604) 792-3664

phoenixinsulation@shaw.ca 



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