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The Wall Street Journal Online

Bathtub Glazing - Shower Doors, etc.

Kings County, New York

Photo Available
Asking Price:
$750,000
Gross Income:
$850,000
Cash Flow:
$300,000
EBITDA:
N/A
FF&E:
$10,000.00 *
Inventory:
$50,000.00 **
Real Estate:
N/A
Year Established:
1981
Employees:
8
Business Types:
Miscellaneous Repair Services
Miscellaneous Services

** not included in the asking price

* included in the asking price

Business Description

Company deals primarily with Landlords and Mgt. Companies (75%) to refinish existing tubs using modern glazing techniques. They continue to do business with NYC Housing, hotels, hospitals, apartment complexes, etc. for over 30 years. In addition, they sell and install shower doors and medicine cabinets .
25% of business is retail. 50% of business is in NYC.

Detailed Information

Facilities:
The location is a show room and office with storage for inventory. In addition to the ground floor, there is a 1,000sf basement for add'l storage. Glazing chemicals are stored in a built-in fireproof cabinet with exhaust system to meet the fire code.
Growth/Expansion:
Since owner has not fully participated in marketing his business over the last several years, there is great opportunity to increase volume for an aggressive buyer or someone with real estate connections.
Support/Training:
Will provide as necessary.
Reason Selling:
Moving out of State.
Contact Seller

Broker Information

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(from currently available resources)

Business For Sale Listed By

Sid Mollin
Inbar Group Inc
212-473-5000

Sponsoring Broker

Jay M. Inbar

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Ad#: 623601

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