71308-Reduced-Glass Installation & Repair Contractor

Lee County, FL

71308-Reduced-Glass Installation & Repair Contractor

Asking Price:$248,000

Cash Flow:$71,000

Gross Revenue:$193,000

EBITDA:$43,000

FF&E:$200,000

Inventory:$25,000

Lease Rate:N/A /SF

Established:1996

71308-Reduced-Glass Installation & Repair Contractor

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Business Description

36% Profit margins! This southwest Florida Company is a specialty trade contractor providing full-service custom glass installation & repair for commercial & residential structures as well as windshields for all types of vehicles. The Company specializes in same day mobile glass repair, custom shower enclosures, business storefronts & boats. The Company operates from a leased 3,500 square foot facility which includes 500-square feet of office space, 1,000 sq. ft. mezzanine and 2,000 square feet for production and storage. The Company maintains a small fleet of specially designed vehicles to transport glass panels. Currently, 30% of the company’s revenue is derived from the sale of its products and services to commercial businesses, 50% is generated from sales to home and property owners, 10% from services sold to auto & boat owners and 10% from sales of custom mirrors, tabletops, etc. In 2016, the Company generated $193K in revenue with adjusted EBITDA of $43k.

Excellent growth opportunities with additional employees - Includes $200K of equipment/vehicles and $25K of inventory - $12 billion Glass & Glazing Industry - Service radius of 50 miles - Owners willing to remain for 3-6 months. Contact Charles at IAG today!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
No
Reason for Selling:
Other interests

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IAG

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