Denver County, CO Glass, Stone and Concrete Manufacturers For Sale

Glass, Stone and ConcreteColoradoDenver

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Niche Specialty Manufacturing Business for SaleNiche Specialty Manufacturing Business for Sale
$649,787Cash Flow: $197,338
Niche Specialty Manufacturing Business for SaleNiche Specialty Manufacturing Business for Sale

Denver, CO

Niche specialty manufacturing business for sale that has been in business for 25+ years. This business serves consumers in a recession proof industry and a growing business to business market. The Business has a strong employee base and is poised for growth.

Glass Sales & InstallationGlass Sales & Installation
$5,450,000Cash Flow: $1,647,979
Glass Sales & InstallationGlass Sales & Installation

Denver, CO

This is a unique opportunity to own one of the premier, full service commercial and residential glass sales and installation businesses serving Colorado and Wyoming. They are EPA and Installation Masters certified installers. Commercial products include aluminum storefronts, entrances, automatic doors and curtain walls. Residential products include vinyl, wood and fiberglass windows, custom doors, screens, shower doors and tabletops. They represent some of the most recognized brand names in the industry. Services also include automotive glass replacement. Projects range in size from residential replacement to large, multi floor, new construction commercial buildings. The Company’s stellar reputation and ability to serve multiple markets has positioned them for continued future success. They differentiate themselves from their competition by providing specialized services, targeting a wide array of projects, providing excellent customer service and establishing long term relationships with both vendors and customers. The Company has a long history of providing the best products at competitive prices. With the expected continuation of population growth and construction activity in the Rocky Mountain region, future prospects look excellent. The Company would be a great “add-on” acquisition for an established commercial/residential glass business that would like a competitive presence in this regional marketplace. Well capitalized and professionally qualified buyers only, please.

$4M Down, Gets $5.1M in Assets/Real Estate Debt Free Niche Mfg. Biz,Commercial Glass and Window Casings Business - with Real Estate. Business and Re
$5,100,000Cash Flow: $740,000Seller Financing
$4M Down, Gets $5.1M in Assets/Real Estate Debt Free Niche Mfg. Biz,Commercial Glass and Window Casings Business - with Real Estate. Business and Re

Denver, CO

2019 Cash Flow will be over $1.1M on over $4M in Sales based or contracts in place vs. this time last year. 2017 Cash Flow was 728,754 on sales of 2,393,498, Large Niche Manufacturing Commercial Glass and Window Casings Business - with Real Estate. Business and Real Estate (Over 28,000 SF Bldg.) CBG will pay a $20,000 finder’s fee/commission to anyone you refer this deal to who closes on it. $4M Down, Gets $5.1M in Assets/Real Estate Debt Free Niche Mfg. Biz, Cash Flows $750K. North Denver, New Business for Sale, Colorado, Selling for just the Assets Value of the Hard Assets – Real Estate worth 3,000,000 and Business assets alone worth over 2,250,000 (This includes 1.75M in State-of-the-Art Machinery, 250K in Inventory, $200K in Solid Accounts Receivables and Cash.) The Business will Transfer Completely Debt Free 30 Yr. Old Large Niche Glass Manufacturing Commercial Storefront, Doors, Windows, Fabrication, Drafting, and Brake Metal business - with Real Estate. (Since 1989) The Sales Price of the company AND real estate is $5,100,000, but the seller will carry up to $1,000,000 of that sales price for 3-4 years for a qualified buyer. This business will qualify for an SBA loan, but the buyer must have at least $800,000 of their OWN liquid funds available to put down. Again, the buyer gets $5,000,000 in real estate and hard assets for $5,100,000 sales price. 15,000 SF of the 29,000 SF is 2018 Cash Flow 597,488 (through 11/18) on sales of close to 1,971,585 2017 Cash Flow was 728,754 on sales of 2,393,498 2016 Cash Flow was 721,069 on sales of 2,187,723 The cash flow and overall profits would have been much greater over the past 3-4 years, but the seller has invested over $1.8M into the new building construction and in significant new machinery and equipment. He forfeited greater past profits for much better long-term improvements. Currently, the company has over $1.7M in debts from these improvements, and the seller will pay off all debts at closing, again, to ensure that the business will cash flow much better since there will be no debts on the balance sheet. (See all company financials for the past 5 years including tax returns in the data room we can email you.) Please email to request and receive entire electronic sales packet with 4 years of income statements, tax returns, balance sheets, and a detailed video of the entire operation and a full interview with the owner on all aspects of this offering. The seller will stay on for 3-4 months (or however long the buyer requires within reason) to ensure a smooth and orderly transfer of the entire company operations to the new owner and provide a solid blueprint and assistance for fast growth going forward. Critical Points to Understand: What We Do: We have a 28,000 ft.² manufacturing facility which is the largest of its kind in Colorado that can custom fabricate any type of window and door casing for commercial buildings. For over 30 years now we have completed over 80,000 jobs ranging from a small retail storefront to a large medical center and even the largest high-rise commercial buildings in downtown Denver. We can fabricate/manufacturer any system for easy installation for our customers, making their fabrication cost a line item instead of an unknown. There are hundreds of glaziers in the Front Range, we service and provide products and solutions for all of them. There are very few companies locally and nationally that can provide a complete one-stop solution like us. We offer a variety of glazing systems as well as a full line of commercial doors and windows, brake metal products and a state-of-the-art fabrication facility. We offer comprehensive Drafting & Engineering services. From design through finished product, our quality and performance make us the first choice for commercial window and door glass installations. We are available to provide pre-bid consultation and product information to architects, general contractors and glass dealers on commercial projects incorporating storefront, window wall, or curtain wall systems. We specialize in providing quality division 8 aluminum products to meet the "real-life" design needs of today's highly competitive, cost-conscious market, without "over-specifying" or the specifying of proprietary product which ultimately limits your choices in the marketplace. Our Customers: We fabricate curtain wall, storefront, brake metal and commercial doors for universities, retail, public arenas, large apartment complexes/multi-family housing, medical centers, hotels, large public malls, football training facilities public libraries fire departments and all sorts of public and private sector jobs. Simply put, where you need glass windows and commercial doors, you need casings to hold the glass in place and provide good insulation and weatherproofing. The $5.1 million transaction includes the real estate. The real estate is worth almost $3 million and has over 29,000 ft.² of which about 15,000 ft.² is brand-new construction. The building sits on a 46,000 ft.² lot. Please see the video detailing the entire operation and a full site walk-through as well as several dozen pictures of the facility itself. No sales and marketing efforts: We have NEVER pursued any sales or marketing efforts. For the last 30 years, we had absolutely “no sales and marketing efforts”. In fact, we have completed over 80,000 jobs in our history strictly through word-of-mouth, a yellow page ad, and inbound inquiries that they get in any given week. The point is that the company cash flows approximately 700K/yr. on sales of 2.3M/yr. and the owner has not lifted a finger to get out there and bring sales to the company. Again, we have never had 1 salesperson. This strongly suggests that the new owner will start to see sales grow swiftly starting 2019 because of the efforts of this new rep. The new owner should hire a rep to call on existing and new customers to get more work. Currently, the company turns down as much work as it takes on. Another way to grow is simply to take on more of the bid requests we currently get. YOU MUST SEE THE 45-MINUTE-LONG VIDEO DETAILING ALL THESE POINTS. IT IS IN THE DATAROOM LISTED ABOVE ALONG WITH THE PAST 5 YEARS OF COMPANY FINANCIALS. There are approximately 300 good-size glass companies in the greater Denver area that do large-scale commercial projects, and we have worked with all of them, some more than others. Every one of these companies knows us very well and the quality of our work. On a regular basis, we turn down large jobs from existing customers and new ones that call us because in the past we didn’t have the inventory or the working capital to float large projects, or at least more than 1 at a time. Stated differently, to take on a highly-profitable 1-2M job, you would need about 400K in working capital to finance the work before the money starts to come in. Until recently we didn’t have the working capital to finance these jobs or the inventory that we have today. Only 2 years ago we had less than 50K of inventory in the shop, today it’s over 300K, and having this amount of inventory is critical to take on these larger jobs. It is the seller’s opinion that a wise and able person can come in here and double the revenue and triple the cash flow by hiring another salesperson which can get out of the field and call on existing and new customers to bring in more work. Quite honestly, only 5 years ago the company couldn’t handle much more than 3-4M in sales because they didn’t have the automated manufacturing capacity that they have today. In fact, today we only have 15 employees because that is all we need because of the new fabrication equipment and efficiencies that have come as a result of the equipment. That is why we can triple profits by doubling revenue because we will not need but just a few more workers. Five years ago, we went through an incredible transformation by adding another 15,000 ft.² of shop/building space set up for production as well as investing more than 1.6M in state-of-the-art fabrication equipment. Today, we have over 28,000 ft.² of the most efficient setup designed for fabricating commercial door, storefront systems, brake metal and curtain wall systems, and the finest equipment in the industry, please see the comprehensive equipment list in the data room. The seller may not have any experience in sales and marketing, but it is clear from where the business/facility stands today, he is a genius in designing a shop with the finest equipment to grow the business to 10M-$15M/yr. of product at the lowest possible cost with the fewest workers in the shop since the entire shop has the most automation possible. Please see the 30-minute video detailing the entire production facility. After the 15,000 SF facility addition and the 1.6M invested in the finest machinery and equipment, we expect a new owner can grow the company to 15M in sales and cash flow over 5M. As stated above, the business would have cash-flowed substantially better over the last 3-4 years had the seller not gone out and purchased over 800K in real estate upgrades to the facility, and almost $1.3 in state-of-the-art equipment. Understand that the seller has invested enormous energy and capital in getting the business operations into the most efficient facility in Colorado of its kind that can handle the greatest production going forward. A new owner can absolutely grow the business to $15 million in sales which would cash flow well over $5 million because of all the automated fabrication equipment in place. For instance, it was only 2-3 years ago that we would need 7 workers 30 days complete say $400,000 in window casings and doors. Today that same job can be completed with 2 to 3 shop workers and can be loaded onto the truck for delivery within 8 days. Reason for sale: The seller has taken the company as far as he can and wants to step aside and let more of a “business development/sales/marketing grow it going forward. He has done a great job upgrading everything, but he is not the right person to grow the sales going forward. This is not his background (sales and business development) and he wants to get into real estate development. There Are No Negative Disclosable Items: The company is in excellent standing. There are “no ghosts in this closet”! As stated above, after completing over 80,000 jobs we have NOT had 1 complaint about work completed that we did not fix, and we have never failed on a job. When something has gone wrong in the past or wasn't done correctly, we have fixed it on our watch and our dime. We have “0” BBB complaints, see below. We have had no legal battles or lawsuits or pending violations of any sort. We have never had an OSHA violation. We have always had an excellent safety record with virtually no injuries for at least the past 7-10 years. We take worker safety very seriously and the seller is 100% committed to sign for Reps and Warranties that provides for a solid protection of the buyer in these areas. Finest Reputation: In terms of quality of work, we have the finest reputation and strongest working relationship with all contractors and customers. In fact, we have a BBB rating of “A+” and have NEVER had 1 complaint filed. Company Website: call for this. Seller is leaving about $200K in the business for the buyer: The new owner will need NO working capital to take over and grow the company starting day-1 simply because the seller is leaving behind about $160,000 in “current accounts receivable" and $25,000 in cash. Normally, when someone buys a company, they need to take out a $200,000 line of credit or have $200k-$300k cash of their own available to run the company or perhaps $200K or more to hire more people to grow the company right out of the gate. Not the case here because the seller is leaving this level of working capital and NO DEBTS at all. Please call for the video where the seller states that they “turn down more than work than they take on at any time”. Stated differently, if the new owner wants to take on $4,000,000 in work in the next 12 months, it is theirs for the taking. “Denver has been a hay-day for the past 8-10 years, and there is no end in sight”, the seller states. Our customers are constantly pushing us to take on more work and do a wider variety of the work that we do NOT do. There is no “seasonality” or substantial monthly sales and cash flow swings. It is hard to believe that even though we are a construction exteriors company, you would think we are somewhat dormant in the winter months and thrive during the 8 warmer months. That is NOT the case at all. We work all-but 7-10 days a year. In short, our November – March monthly sales and profits are roughly the same as the other 7 months of the year, and it has always been this way. The diversity of Customers: We have no “customer concentration” problems, meaning not 1 of our customers is greater than 10% of our gross sales. A quick look at our accounts receivables report in the above data room shows that we don’t have “too many eggs in 1 basket”. When we DO have 15%-20% in each customer work, please understand that is because we have a big job going with them. However, we don’t have the same big customer each year – it changes each year. This ensures we are never vulnerable to losing a lot of sales because 1 -2 given customers slowed down. In short, we have dozens and dozens of different contractors/companies who love working with us and the work we do, and many other sources of revenue and customers in our mix. Our Great Employees: We have 15 great employees to ensure the finest quality work. We have the best office and shop fabricators in the business and the average tenure 10-15 years. In short, we never lose workers because they are paid above-market wages and they love what they do, it’s that simple. New Owner Skills Needed: The new owner will require no specific manufacturing experience since our workers know how to run themselves. However, it is encouraged that the new owner should take the time to be a full-time, hands-on manager/operator (at least for the first year to learn the business). He/she should have good management skills, know how to work with people, be highly motivated/high energy, strong with financials, be aggressive in general, and wanting to grow the business going forward. The seller is very desirous of finding someone to take over the business and take it to the next level, where it is projected to go. The Ownership Transition: In terms of this business transaction, we envisioned that the new owner would create a new role of sales and business development, which we have never had. We have everything in place to grow to 10M-15M, we just need more sales and someone to drive the efforts to bring it in.


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