37413-Turn-Key Residential Glass

CA

37413-Turn-Key Residential Glass

Asking Price:$250,000

Cash Flow:$12,000

Gross Revenue:$319,000

EBITDA:N/A

FF&E:$20,000

Inventory:$5,000

Established:1952

37413-Turn-Key Residential Glass

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Business Description

Located in Northern California, is a specialty contractor engaging in the installation and repair of all types of glass products for residential customers. The company’s primary products include windows, sliding doors, mirrors, and shower enclosures. Offering these products and services requires a facility to fabricate and store glass, specially equipped vehicles to transport glass panels safely, and skilled personnel to install the glass products. Established over 60 years ago, the company has a proven track record, supported by loyal customers over the years. With its niche range of products and services, the company’s marketing efforts focus on targeting individual homeowners within a 60 mile radius. Revenues have been increasing over the past three years averaging 4.27% annually. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

The majority of revenues (60%) comes from windows. Glass doors account for 20% of revenues, while shower enclosures and screen patios account for 10% each. A new owner would do well to expand into commercial sales and service. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. The current owner is pursuing other business interests and wants to see a new owner take it to the next level. Financing is negotiable for the right buyer, contact IAG offices today for more information.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates from a Leased 3,000 square foot facility. 500 square feet is used for office space, 2,500 square feet for the showroom, production area, and materials storage.
Support & Training:
Key employees will most likely stay on and the owner will remain for a reasonable transition.
Reason for Selling:
Approaching retirement.

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IAG

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