Business For Sale

Glass Bending Company - Since 1976, Retiring Owner

Not Disclosed, CA
Los Angeles County

Los Angeles County, CA


Asking Price: Annual Revenue:
$179,000 $271,777

Wholesale/Distribution: Durable Goods


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RE: Glass Bending Company - Since 1976, Retiring Owner Broker: Shreeraj Parikh
License #: 01962451

Quick Facts

Asking Price: $179,000
Annual Revenue: $271,777
Net Profit: $116,616
Cash Flow: $116,616
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: Not Disclosed
BBN Listing #: 861752542
Broker Reference #: Not Disclosed

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Business Overview:

Established for over 38 years, the company has an impeccable reputation in the industry performing work in the Glass Bending arena. As the owner comes closer to retirement, there is tremendous untapped potential for a buyer who has the desire to grow the business or for a strategic acquirer to add this unique service to their current offerings.

The company holds several patents (for Landscape lights). There is minimal revenue from this line of products at this time, with potentially tremendous upside for a buyer.

Some of the many services offered: Glass Bending, Fabrication & Custom Etching, Four Color Processing, Alabaster Finishing.

There is opportunity to tap the vast e-commerce platform while controlling manufacturing & production process or grow the business traditionally & organically like it has overtime. The company has a valuable list of FF&E, Molds & Inventory.

The company has finished many unique and high quality products over the 38 years it has been established. Some of the relatively recent highlights & accomplishments: Caesar’s Palace, Las Vegas & Luxor

The buyer has the opportunity to:

• Lease the current space or entire building
• Purchase the entire building
• Move the business operations to another location or merge with their existing
business in a different location.

Revenue/ SDE:

• Year ending June 30, 2016: $236,906 | $97,466
• Year ending June 30, 2017: $237,545 | $88,841
• Year ending June 30, 2018: $271,777 | $116,616
• Year ending June 30, 2019: Expected to be the same or better than 2018

The seller understands the unique nature of the business and willing to assist the buyer with a smooth transition.

Seller owns the real estate. Buyer has the opportunity to buy or lease the property.

ASKING PRICE: Business $179,000
(Including: FF&E Approximately $100,000 & Inventory: Approximately $20,000)

Contact: Raj Parikh

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.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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