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Glass Company / Glazier With R / E Option
Location: United States -> Florida -> Orlando
Industry: Business Services > Construction




Business Summary

Glass Company / Glazier with R/E option.

Asking Price: $250,000 Cash Flow: $105,806
Gross Revenue: $626,113 EBITDA: N/A
FF&E: $120,000 Inventory: $30,000
Rent: $2,500 Established: 1994

For 28 years this business has offered complete residential and commercial glazing services including vanity mirrors, wall mirrors, shower & tub enclosures, plate/tempered/insulated glass, ventilated closet shelving, prefabricated fireplaces & gas logs, commercial entry doors & storefronts, bathroom accessories, and window repairs. With retirement looming, it is time to turn the reigns over to the next generation. The real estate is owned by the business but is available to buy, rent or vacate based on the buyer's preference. $30,000 annual rent has been deducted from profits to account for the rental option.

Detailed Information

Location: Central, FL
Inventory: Approx. $30,000 Included in asking price
Employees: 3
Furniture, Fixtures, & Equipment (FF&E): 120,000

Facilities:
2,640 SF of warehouse space that contains a small office. Warehouse holds inventory, glass cutting table and as well as miscellaneous ladders and scaffolding used in the business. The business owns four (4) trucks that are included with the sale.

Competition:
Long established name and reputation allows this business to operate in a market where, yes, there is competition.

Growth & Expansion:
While the company has done work for 50 or so different builders including residential and commercial, in the recent year they have scaled back to primarily doing residential.

Support & Training:
The seller is willing to spend a couple weeks helping with the orderly transition of the business.

Reason for Selling:
Retirement


Financials

Asking Price Range:  < $250K
Gross Revenues:   $626,113
Cash Flow:   $105,806
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $150,000
Seller Financing:  No

About The Business

Year Established:  1994
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  retiement




Print Listing Id: 700375685
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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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