Commercial Glass Company

Not Disclosed, OH
Cuyahoga County

Northeast Ohio


Asking Price: Annual Revenue:
$425,000 $583,536

Services: Construction, Contractors


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RE: Commercial Glass Company Broker: Michael Benson

Quick Facts

Asking Price: $425,000
Annual Revenue: $583,536
Net Profit: Not Disclosed
Cash Flow: $198,106
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1977
Employees: 4
BBN Listing #: 218044443
Broker Reference #: CG154

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Business Overview:

Empire Business Associates represents a business that installs and services the commercial glass market place that is available for acquisition.

The company specializes in the repair and the new installation of commercial aluminum and glass doors, insulated glass, installation, framing and glazing.

The company sells mainly to general contractors on new construction. Because of its excellent reputation and many contacts, they always have work to do and can maintain higher margins. Contractors would rather pay a little more for subs that they know will show up when needed and do work right the first time. Being late on an installation can stall the whole job, causing a general contractor major problems and late fees.

The three main services they provide are:
• Aluminum Store Fronts Windows/Doors
• 1/2" Tempered Frameless Glass Partitions
• Service Work and Miscellaneous

The company offers the buyer the opportunity to acquire a company with an outstanding reputation. An investment in sales and marketing can greatly increase the level of business. The shop could easily double the volume of production without a major investment in new equipment or staff.

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Market Competition and Expansion:

INVESTMENT CONSIDERATIONS Doesn’t require someone with commercial glass experience Sales and profits are up in 2019 Profit to the bottom line is over 30% (on a SDE bases) Does not require any significant assets to grow the business He is a small player with lots of room to grow No large customer concentration The average customer has been with the company for over 11 years Extremely profitable with very few employees He is turning away work.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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