| Asking Price |
$250,000 | Inventory |
$3,000* |
|---|---|---|---|
| Gross Income |
$220,000 | Real Estate |
|
| Cash Flow |
$130,000 | Year Established | 1920 |
| FF&E |
$20,000* | Employees | 2-3 p/t |
* included in the asking price
** not included in the asking price
This business, established for 85 years, and under the present ownership for 30 years has established a great reputation as a supplier of standard and custom mirrors and shades, and for every conceivable type of glass product, including store fronts, windows, building doors, table tops, and numerous other items, required by both the homeowner and by their many commercial customers. Their business covers repairs, as well as providing glass products for new construction. Their relationship with manufacturers is such that many of their orders are shipped directly to the building site, for installation by the business's mechanics. This is a great opportunity to take over a highly profitable, long established business for which the relationships have already been built, and for someone with the skills to keep the momentum going, and to improve upon it. Call Merv First @ 631.608.2756
Facilities: The business consists of 1100 sq.ft. on 2 levels on the upper East Side of Manhattan. There is even a backyard! The rent is $1600/mo. for the next 2 yrs., then a 5 yr. lease at $2000/mo.
Competition: There is no competition in the area of the business
Growth/Expansion: The business has succeeded for 30 yrs. under present ownership based upon reputation, with minimum advertising. An aggressive advertising effort will improve sales and profits.
Financing: The seller will offer terms to the right buyer
Support/Training: The seller will work part time with the buyer to provide training.
Reason Selling: Retirement

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