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Glass Installation and Repair #7239
| Asking Price: | $368,000 | Inventory: | $100,000 ++ |
| Gross Revenue: | $417,813 (comments below) | Real Estate: | n/a |
| Cash Flow: | $123,909 (comments below) | FF&E: | $40,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 Tax Return | |||
| Cash Flow Comments: 2008 Tax Return | |||
Well established glass, mirror and custom shower enclosure company also specializes in new and renovation of store front construction. Acquired a closet-shelving company in 2009. Known for having the largest selection of window replacement parts in the tri-county area. Sales comprise of 30% walk-ins and 70% wholesale & retail clientele. Deals mostly with contractors, local government and municipalities. Seller bought inventories from other distressed Glass Companies which reflects "One time expense”. Sales as of 10/15/2009 already exceeding $490,000. SBA lender pre-qualified. Terms are approximate.
About the Business
Year Established:2002
Employees:6 full time - 1 part time
Facilities:Included in the sale: L/h improvements valued at $8,000 Vehicles valued at $33,000
About the Sale
Management Training and Support:The seller will train for 2 weeks at no cost.
Reason For Selling:Retirement
Seller Financing:SBA Lender will finance $285,800 with $82,200 down.
KEYWORDS: glass, mirror, shower, store front renovation, store front, constructionm, new construction
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