Buyer Gets $2.3M in Assets Debt Free, Cash Flows $750K Solid.

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30 Yr. Old Large Niche Glass Manufacturing Commercial Storefront, Doors, Windows
Asking Price:
$2,100,000

Gross Revenue:
$2,250,000
Cash Flow:
$728,754
EBITDA:
$728,754
Inventory:
$300,000
included in asking price

FF&E:
$1,650,000
included in asking price

Real Estate:
$3,000,000
not included in asking price

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Business Description

2019 Cash Flow will be over $1.1M on over $4M in Sales based or contracts in place vs. this time last year.
30 Yr. Old Large Niche Glass Manufacturing Commercial Storefront, Doors, Windows, Fabrication, Drafting, and Brake Metal business.
The sale includes $200K in Solid Accts Rec., $1.7M in the newest state-of-the-art technology/equipment, (bought in past 2 years), and $375K in current inventory.
2017 Cash Flow was 728,754 on a sales of 2,393,498
"A new owner can triple cash flow and sales within just 3-4 years since we have NEVER HAD ANY SALES AND MARKETING EFFORTS IN THE PAST 30 YEARS", the seller insists.
CBG will pay a $20,000 finder’s fee/commission to anyone you refer this deal to who closes on it. Located North Denver, just 5 mile North of Downtown Denver.
Selling for just the Assets Value of the Hard Assets... 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.
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. There will be no debts on the balance sheet at closing.
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.
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.
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 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

About the Business

Location:
Denver, Colorado
Year Established:
1989
Number of Employees:
16
Real Estate:
Owned
Building Sq. Ft.:
28,000
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About the Sale

Seller Financing:
seller seeks to sell the real estate too - for FMV.

Listing Info

ID:
1578128
Ad Detail Views:
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Business Listed by

Paul Olsen

Company Brokers
License# ER.040043531

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