Turn-Key Glass Installation Company - 19+ Years In Biz -Owner Retiring

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Asking Price:
$3,490,000

Gross Revenue:
$5,869,886
Cash Flow:
$900,052
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$60,000
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This turn-key company is primarily engaged as a full-service glass, storefront, mirror and shower installation and replacement contractor. They service commercial projects as well as residential customers in Central Texas.

The Company has been in business for 19+ years and has an amazing reputation with many repeat customers and very diversified customer list.

Majority of the team (40+ employees) has been with company 5+ years and runs day to day operations from Human Resources to Sales to Installation. A new owner does not need specific industry experience to successfully run the company.

This listing will not last long. There are very few companies with this stability, historical performance, and team available for sale. SBA Pre-Approved.

About the Business

Year Established:
1999
Number of Employees:
42
Facilities:
20,000 Sq Ft with 3,500 dedicated to office located in Austin, TX. Monthly Lease $9450.
Growth & Expansion:
Many opportunities for growth with new owner.
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About the Sale

Reason For Selling:
Owner is Retiring
Training/Support:
Current owner wants to ensure a successful transition. He believes it is not necessary with the team in place, but he is willing to train for 90 days as follows:

Days 1-30: Up to 40 hours a week of training,
Day 31-60: Up to 24 hours a week of training,
Day 61-90: Up to 10 hours a week of training,

Additional training/support beyond 90 days will require compensation, but is unlikely to be needed.
Seller Financing:
Lease has option to extend

Listing Info

ID:
1560501
Ad Detail Views:
123

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Business Listed by

Alex Khabbaz

Texas Business Brokers

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Sponsoring Broker:

Mike Feinman, Managing Partner
Texas Business Brokers

U.S. Census Data for Hays, Travis and Williamson Counties, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Hays, Travis and Williamson Counties, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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