Glazing Contractor with 35k sq. ft. Factory

Oklahoma City, OK
Oklahoma County

Asking Price: Annual Revenue:
$2,020,000 $5,911,850

Services: Construction, Contractors

Request More Information
Contact the Seller

RE: Glazing Contractor with 35k sq. ft. Factory Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $2,020,000 12.5% Buyer Down Payment $252,500 12.5% Seller Financing or Equity Roll $252,500 75% Bank Loan $1,515,000 A 12.5% down payment of $252,500 returns $281,137 in the first year after debt payments!

Quick Facts

Asking Price: $2,020,000
Annual Revenue: $5,911,850
Net Profit: Not Disclosed
Cash Flow: $539,461
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1940
Employees: 45
BBN Listing #: 448434398
Broker Reference #: CBI028

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

There is amazing growth potential for a new owner of this OKC Glazing Contractor; expanding services into Texas, Arkansas, Kansas, and Missouri would give a huge revenue boost! With nearly $6M in sales in 2020 and $7.5M already in their backlog, this company has been established in Oklahoma City for over 70 years. Working out of a 35,000 sq. ft. factory, the business has top-notch CNC capabilities that are unmatched in the area. Services include design, fabrication, manufacturing, and installation of aluminum curtainwall, storefront, heavy glass doors, glass handrails, and swinging & sliding aluminum doors. There are 45 full-time employees, including the owner, who handles general oversight, 3 Project Managers, 2 Estimators, 1 CAD Drafter, 1 Superintendent, 5 Foremen, 2 in Accounting, 10 in the factory, and a highly skilled team in the field handling installations. Their main focus is on mid to high-rise towers; sale size ranges from $250k-$3M, with $500k-$700k billed out each month. Most work (90%) is bid by invitation from the GC, with work secured 6-12 months into future. Along with $7.5M worth of signed contracts, the company has $3.5M in their pipeline.

Because it is such a specialized industry, the company uses the Union from time to time out of Texas and New Mexico. Their participation agreement with the union allows them to remain independent and hire from the union when needed for large projects. The company’s bonding capacity of $12M, along with their exceptional factory, equipment, and manpower, allows them to bid on monumental projects in the area.

Priced at $2,020,000, the factory, equipment, client relationships, industry reputation, and highly experienced team is already in place for this business. A new owner could step in and take this company to the next level. A 12.5% down payment of $252,500 returns $281,137 in the first year after debt payments – a 111% return on investment!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Growth Opportunities: Expand service area; huge growth potential if services were expanded into Texas, Arkansas, Kansas, Missouri

Reason for Selling:

Other non-competing business interests.

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:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!