Manufacturer

Santa Fe Springs, CA (Los Angeles County)

Manufacturer

Asking Price:$395,000

Cash Flow:$179,657

Gross Revenue:$543,591

EBITDA:$179,657

FF&E:$18,000

Inventory:$20,000

Established:2009

Manufacturer

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Business Description

Manufacturer and Installer of Glass Wall, Fence and Railing Systems

This profitable company designs and installs glass wall and railing systems for both corporate and residential clients. Located in East LA County, they perform installations all over Southern California. Owners started the business at the beginning of the recession, but their annual revenue has been consistently in the $450K to $500K range for the last four years.

A significant portion of their sales come from an independent yet fully dedicated, San Diego based sales rep / broker who would continue to work with the new owner. The owners have done very little local advertising so there is tremendous potential for growth in LA and Orange Counties with marketing.

2,000 sq. ft. facility includes a well-appointed reception area, two offices and a spacious warehouse space. This company would be easy to relocate to anywhere in Southern California. Assets include assembly equipment, a Chevy truck and a Nissan forklift.

The sellers are a father-in-law / son-in-law team. The father-in-law has serious health issues and can no longer work and the son-in-law cannot afford to buy him out. The younger partner is open to staying on to work for the new owner in any role (front office, sales, etc.) and is open to a variety of scenarios (including a minority ownership).

According to the sellers, no experience is necessary. Entire procurement, assembly and installation process can be learned in two to three weeks.

Sales: $543,591
Seller’s Discretionary Cash Flow: $179,657
Inventory: $20,000 (estimated)
Asking: $395,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For a complete listing of our currently available business opportunities go to: www.sunbeltorange.com

Detailed Information

Inventory:
Included in asking price
Employees:
1 full time.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,000 sq. ft. – rent $1,500.
Support & Training:
seller will provide training.
Reason for Selling:
other ventures.

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R. Stephen Thomson

Business Listed By:
R. Stephen Thomson

Sunbelt Business Brokers-Orange Coast

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