Premier Commercial Glass Contractor

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$3,500,000 $6,007,642

Retail: Home Improvement

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RE: Premier Commercial Glass Contractor Broker: Russell Cohen

Quick Facts

Asking Price: $3,500,000
Annual Revenue: $6,007,642
Net Profit: Not Disclosed
Cash Flow: $1,112,448
Total Debt: Not Disclosed
FF&E: $127,965
Real Estate: Not Disclosed
Year Established: 2007
Employees: 30
BBN Listing #: 76754955
Broker Reference #: 1043-14622

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Business Overview:

South Florida's Premier Commercial Glass Contractor. Since 2010 the company has been specializing in providing quality installation of Commercial Glass for buildings, car dealerships, storefronts & more. The company enjoys an impeccable reputation for excellence & outstanding customer service. No major customer concentration with their GC clients. Experienced sales team, installers, admin and foreman's in place. One of South Florida market leaders in this category. 2018 EBITDA will exceed over $1 million. All PL/BS are Reviewed Financials. Strong pipeline in place for 2019.

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Property Features and Assets:

Located in NE Broward in a Warehouse Development. Rent is currently $7,639/month for 9,000+ Square feet. Current Lease expires on May 2021. Complete lease on file. Total Assets: $141,137

Market Competition and Expansion:

Most of their competition is competitive bid contractors who win a majority of their work on lower numbers. This seller’s return rate allows for negotiating a majority of the work, resulting in higher margins. In addition, while a great portion of the competition has pigeon holed them into certain sectors of the market, this company has maintained an open mind on types of projects to work on, as long as the margins can be maintained. A new owner can grow the business by Increasing their bidding on commercial projects by selectively recruiting estimators, project managers and operation personnel with an established local track record. Utilizing sub-contractor window installation crews to be more competitive and capture some of the new residential market (single family, multi-unit, etc.) Start a dedicated service department to provide residential/commercial glass replacement, door/window repair and insurance claim repair work.

Reason for Selling:

Partnership Split.

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.

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