Recession Proof Service Biz in Resort Town 25% Growth YOY

CO

Seller Financing Available
Glass Company
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Asking Price: $439,000

Cash Flow: $189,000

Gross Revenue: $662,000

EBITDA: N/A

FF&E: $90,000

Inventory: N/A

Rent: $1,200 /Month

Established: 1991

Recession Proof Service Biz in Resort Town 25% Growth YOY

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Business Description

This 26-year-old business has a very high repeat clientele and clean books. Sales and Profits are up 25% year-over-year.

The city will be disclosed upon completion of a confidentiality agreement to keep the sale quiet in this community. The dedicated and seasoned staff are aware that the Owner is selling; they will stay on to support the new owner. The Owner is willing to phase out over a long period to ensure an even smoother transition.

The company provides auto glass replacement and repair, residential and commercial window service, and new shower glass installations. It is located in a world-class ski town in the Colorado Rockies with year-round attractions. Because the work is not tied to tourism, you can enjoy the surroundings when the conditions are great for skiing, mountain biking, or fishing. Opportunities to grow this business are outlined in a comprehensive report. Although this business is fully staffed (which is hard to find in a mountain town), it does need an Owner/Operator to manage the direction of the company.

Business is pre-approved for SBA loan. $88K down, $44K Seller Note will yield payments under $3,900/mo. which meets debt ratio required by SBA lender.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2,400 Square foot heated shop with separate reception and office areas to perform work indoors and to store equipment and supplies.
Growth & Expansion:
Many opportunities to grow this business if desired. These will be disclosed after a confidentiality agreement is signed and meetings with the Owner have occurred.
Financing:
Will Consider Terms
Support & Training:
Owner and Employees will train on all aspects of business over an adequate time period. Owner can stay on for extended period in various roles if requested.
Reason for Selling:
Retirement and another venture
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Contact the Seller

(from currently available funds)
 
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Bill Scott

Business Listed By:
Bill Scott

Front Range Business, Inc.

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Sponsoring Broker:
Paul W. Chambliss CBI

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