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- RE: B2B Commercial Glass Installation
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $3,450,000 | |
| Annual Revenue: | $4,725,847 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $960,878 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 19 | |
| BBN Listing #: | 947980 | |
| Broker Reference #: | CBI041-B |
Business Overview:
This B2B opportunity is focused on commercial glass and glazing. Boasting an 85% repeat customer base specializingin hospitals, schools, office parks and car dealerships - there is no residential clients. Based in Phoenix, they have a spacious 7,700 square foot facility with a large shop for fabrication alongside furnished offices. The staff includes 7 in leadership and 3 admin, along with 9 installers and glazers. Included in the purchase price are assets valued over $800,000 with a Work in Progress just shy of 4 million and an impressive Backlog of $4,167,000. The owner is willing to stay on board for 2-3 years while settling into retirement.Priced at $3,450,000, a 10% down payment of $345,000 will return $445,068 in the first year after debt payments. The seller has offered to carry 10% of the purchase price in order to show their vested interest in the continued success of the business moving forward. In terms of growth, their strategy includes hiring more staff and expanding into the residential sector. The SBA has fully approved this deal as of May 2024, and a 3rd party appraisal has been completed!
Contact the Seller:
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Property Features and Assets:
Backlog: $4,167,000
Work in Progress: $3,850,000
Working Capital Included: $525,000
Equipment and Vehicles: $276,750
Market Competition and Expansion:
Expand into the residential sector
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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