Top Tier Texas Panhandle Glass company for sale!

Not Disclosed, TX
Potter County

Texas Panhandle


Asking Price: Annual Revenue:
$795,000 $1,010,000

Services: Construction, Contractors


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RE: Top Tier Texas Panhandle Glass company for sale! Broker: John McCleary
Owner Financing is Available!
The owner is committed to financing up to 80% of the transaction.

Quick Facts

Asking Price: $795,000
Annual Revenue: $1,010,000
Net Profit: $205,836
Cash Flow: $356,006
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 93562509
Broker Reference #: 13224274

Email or Print Listing

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Business Overview:

Estimated Down Payment: $79,500 (10% of Asking Price)

Looking to participate in the growth of Texas without the big city headaches? This decades old, thriving glass company in the Texas Panhandle that does business from Lubbock to Amarillo and everywhere in between, could be yours! This long time glass company has been servicing the region showing nice steady growth over the years and has recently surpassed $1,000,000 revenue in 2021. The business fabricates and installs shower doors, mirrors, and other glass products.

The business has strong supplier relationships and long-standing employees. All inventory is included in the sale including multiple trucks and glass racks. The company has a long-standing reputation as the top glass installer in the region and works with both commercial contractors and individual homeowners. The owner is willing to stay on for 3-6 months and also willing to do seller financing.

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Property Features and Assets:

5,000 Square Foot building with high ceilings, and huge mezzanine. Extra storage also. Location has high visibility and good location on main thoroughfare.

Market Competition and Expansion:

One of the top companies in his field, he has had to turn down bigger commercial deals because he has been content with steady growth. A bigger company in the region is closing down end of this year. With a larger company closing down there is huge opportunity to expand for a more aggressive owner who also is marketing savvy. He has limited himself to mainly residential customers and local general contractors but there is huge upside in the commercial avenue. Owner also believes auto glass could be a big revenue driver which he has not focused on.

Reason for Selling:

The owner is looking to retire.

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.

Documents:

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