Glass Co Huge Price Reduction – Great Deal - Only 1.15x SDE -SBA OK'd

CA

Seller Financing Available
Glass Co Huge Price Reduction – Great Deal - Only 1.15x SDE -SBA OK'd

Asking Price:$995,000

Cash Flow:$849,560

Gross Revenue:$2,500,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Lease Rate:N/A /SF

Established:N/A

Glass Co Huge Price Reduction – Great Deal - Only 1.15x SDE -SBA OK'd

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Business Description

Best Deal Around! $300k Price Drop

Phenomenally well managed, profitable and growing glass contractor wants the business sold NOW. Offered at only 1.15x SDE / Cash Flow of $849k

• $849k SDE offered at ONLY 1.15x SDE
• SBA approved at previous asking price of $1.295m
• $2.4M Contracts Already in Place for Next Year with more pending. Plus
another $1m booked for early 2019
• Owner needs to relocate and is Highly Motivated.
• Turnkey for the right buyer
• Excellent Training and Support for Buyer
• Seller can provide long term consulting if desired
• Highly Trained Staff in place
• Extremely Well Managed
• Excellent & Verifiable Books & Records. Excellent MIS
• Seller will allow qualified Buyer to operate under his license. Buyer may also
choose to operate under employee’s license.

• Seller Financing for Qualified Buyer
• Family Issues Force Relocation

Seller Highly Motivated. Highly Recommended!

Can be Turnkey for the right buyer. Owner had made a major (five-figure) investment to create turnkey training and operations manuals. All relevant processes have been mapped and described by independent consulting firm

In addition, this highly effective owner is willing to stay on with the new buyer on a long term consulting basis if desired. We would highly recommend that any buyer take advantage of this vision, strategic insight and hands-on competence.

Rapid Growth in Revenue and Earnings in Specialized Niche =
Great opportunity for owner-operator as well as a phenomenal Strategic Acquisition: definitely earnings accretive.

There is more to this than a simple ad can convey, including two new low-risk, high-margin confidential strategic initiatives. Owner’s five-year forecast for double digit controlled growth does not even include these new initiatives.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
13
Facilities:
Major leasehold improvements in last year (already fully paid for) pave the way for future growth.
Growth & Expansion:
Continued growth or revenue and earnings Majority of next year's revenue already booked with more bids pending High growth in specialized niche. Two new strategic initiatives available to new owner Systems in place to scale with control
Financing:
For Qualified Buyer
Support & Training:
1.) In person as needed; 2.)Plus process and procedures manual developed in consultation with consulting firm to ensure excellence; 3.) Plus owner would like to continue on a long terrm consulting basis with the new owner.
Reason for Selling:
Family Issues Force Relocation

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Ken Johnson

Business Listed By:
Ken Johnson

Coast Business Brokerage

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Sponsoring Broker:
Rex Walters

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