Hi-End Glass and Metal Fabricator

Not Disclosed, CA
Los Angeles County

Industrial/commercial park near 170 FWY


Asking Price: Annual Revenue:
$2,562,000 $3,301,147

Manufacturing: Metal Products


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RE: Hi-End Glass and Metal Fabricator Broker: Christina Lazuric Woscoff
License #: 01495314

Quick Facts

Asking Price: $2,562,000
Annual Revenue: $3,301,147
Net Profit: Not Disclosed
Cash Flow: $565,871
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1955
Employees: 21
BBN Listing #: 272263614
Broker Reference #: CW221

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Business Overview:

This company is THE company that caters to the "who's who's of Hollywood". One of the top glazing and metal fabrication companies around, they currently fabricate and install almost everything that has anything to do with metal or glass on extremely high-end residential homes. They also have accounts with major hotels and government facilities in the area they originated.

Currently, the Sellers have Five (5) projects that will extend into the next 18 months, with another very large contract being signed in the next 90 days, with the average contract being approximately $500K+.

This business has been in business for over 60 years passed down from father to sons. The seller will stay on with the buyer to train them and teach them how to operate the business. Buyer should have experience in glass glazing and this business requires a C17 license.

21 Employees- 7 Glass Trucks/Vans

Legacy business- Excellent Repuation- SBA Financable

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Property Features and Assets:

SEE ASSET LIST IN CIM LEASE/TERMS: Exp 01/01/2024 INCREASES: 3% per annum TYPE OF BLDG: Industrial LEASE INFO: $13,500 + $4,430 CAM = $17,930 P/M SQ FOOTAGE: 7,960 Square Feet SECURITY DEPOSIT: $36,266

Market Competition and Expansion:

They are the #1 glass glazer and manufacturer in their marketplace. Currently, their workload is booked into 2024. If the new owner hires more installers they would be able to increase production significantly.

Reason for Selling:

Retirement

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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