$400K in Owner Financing Available
| Asking Price: | $1,600,000 | Inventory: | $26,400 ++ |
| Gross Revenue: | $2,476,900 (comments below) | Real Estate: | n/a |
| Cash Flow: | $331,100 | FF&E: | $101,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Two straight years of double digit growth | |||
The company is a family owned business that has been successfully run for 33 years working as a Sub-contractor specializing in commercial flat glass and mirror installations. They cut and prepare frames and glass in their own shop, and then their crews do the installation work primarily in new commercial construction sites.
The business has grown by better than 10% over each of the last two years. The company’s sales have been somewhat impacted in 2009 by the recession; however, the business remains profitable due to cost cutting measures that the seller has implemented that have grown gross margins from 30% to over 40%. In addition, the company has contracts for close to $900K in jobs to be completed over the next several months.
The business has grown by better than 10% over each of the last two years. The company’s sales have been somewhat impacted in 2009 by the recession; however, the business remains profitable due to cost cutting measures that the seller has implemented that have grown gross margins from 30% to over 40%. In addition, the company has contracts for close to $900K in jobs to be completed over the next several months.
About the Business
Year Established:1975
Employees:12 full time -
Facilities:10,000 Square Foot Facility that includes the company's headquarters office as well as its shop area.
About the Sale
Reason For Selling:Seller wants to re-locate out of state.
Seller Financing:$400K in Owner Financing Available
KEYWORDS: Construction, sub-contractor, glass, glazing, Atlanta, Georgia, profitable, growing
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