Commercial & Residential Glass Company

Business Overview:

This well-established commercial and residential glass services company is a second-generation glazier, founded over 50 years ago. It has an excellent reputation for quality services in their market. The current owner wishes to retire and is very motivated to sell to the right buyer.

Products & Services:

• Sales and fabrication of flat glass.
• Table tops and cut class.
• Tempered and laminated safety glass.
• New storefronts and service and repairs of commercial storefronts.
• Replacement of insulated units, screens, storm windows.
• Cut and install mirrors.
• Door closers and Panic device service.
• Supply, cut and install acrylic (Plexiglas) and polycarbonate (Lexan)

The owner believes that this business is ideal for an energetic entrepreneur interested in owning and operating a turnkey business in the specialty trades, specifically glazing.

Employees: There are two full-time employees in addition to the owner, including an office manager and one glass technician.

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Property Features and Assets:

Real Estate: The building operates in 8,088 sq. ft. on .73 acres. The real estate is being sold at fair market value along with the business. 3,000 sq. ft. of space in the facility is currently leased to another business, including a partial upstairs. The tenant business is currently closed and will be moving. The opportunity exists to lease that portion of the facility at fair market value as a second revenue stream.

Furniture, Fixtures & Equipment:  $50,000 of furniture, fixtures and equipment is included in the purchase of the business. The equipment is in good working condition.

Market Competition and Expansion:

Competitive Advantages:

• Long established reputation with excellent reviews and a strong market presence.
• High traffic location on a busy state highway between two major Indiana cities, in a college town.
• This business has proven itself to be relatively recession proof, as it is a specialty trades service business.

Growth Opportunities:

• There are few Glass businesses within 40 miles of this business - the market and surrounding areas are underserved and offer a great avenue for significant growth.
• Develop relationships with apartment complexes, multifamily housing, and landlords as lucrative sales channels.
• Market to large commercial projects such as school projects and hospital expansions.
• Plenty of room for growth in the facility
• The business relies heavily on word of mouth and has not utilized many marketing or advertising channels. A new owner operator with a strong marketing plan could increase revenue and market presence.
• The current customer list includes past clients that a new owner operator could call on to increase business.
• Hotel and retail markets are poised to be bright spots for glass and glazing contractors: needing specialized installations, they will offer consistent work. (Source: IBIS World)
• Glass and Glazing Contractor Industry is expected to experience high growth from 2025 through 2030.

Reason for Selling:

Additional Details:

Documents:

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