43 Year-Old Custom Glass & Doors - High Profits

Not Disclosed, CO

Front Range of Colorado


Asking Price: Annual Revenue:
$450,000 $1,555,781

Services: Construction, Contractors


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RE: 43 Year-Old Custom Glass & Doors - High Profits Broker: Bill Scott
License #: FA.100049495

Quick Facts

Asking Price: $450,000
Annual Revenue: $1,555,781
Net Profit: Not Disclosed
Cash Flow: $246,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 479610489
Broker Reference #: 1863

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Business Overview:

Company provides the following:
Art and Stained-Glass – Fab and Repair
Kiln Formed Glass (countertops, sinks) – Design and Fab
Frameless Showers and Glass Features (handrails) – Fab and Install
Entry Doors & Hardware – Pre-Finish, Pre-Hang, and Install

2020 = $246K – growth plus direct focus on profit
2019 = $162K

This business has been providing very unique works of glass art for over 43 years and has shipped products internationally. The business fabricates stained, carved, leaded, melted, and almost any form of glass imaginable. Unlike the typical glass shop located in virtually every town, their unique services are sought out by high-end home builders and commercial contractors and restoration firms. They provide glass as art as well as for window and door inserts, glass countertops, shower walls, and stairways. The business is located on Colorado’s Front Range, north of Denver.

The company has enjoyed steady growth for many years. Because they do not focus on low-end or tract-home projects, they do not see extreme swings in demand nor do they have uncollected debts. The business has high repeat clientele. The largest client is only about 6% of total sales and the next largest client drops to 4%, and then 2%. So the business is not dependent on just a few clients.

COVID-19 IMPACT:
The business has not slowed down at all through Covid-19. They are actually running about 20% above last year in gross sales and even higher in net profits. Because the company puts such a high value on employee comfort, they have always had adequate social distancing within the work shop, and in the wide open showroom and office areas.

WHAT I LIKE ABOUT THIS BUSINESS:
This is not a “me-too” shop. This business is ideal for a family (Mom-n-Pop shop) wanting to work together and see the product of their effort every day. The buyer should appreciate art and design and should enjoy working with clients that invest their time in the process and will pay for quality. A background in Architecture and Interior Design would be helpful but not critical. There is always something new to learn and the jobs vary so much that it isn’t boring.

The employees are well trained and take pride in their work and see their job as a career. Because the Seller has dedicated himself to training employees, the business is not solely dependent on his knowledge.

This is also a business that can grow if that’s desired.

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 leased.
  • The owner is not 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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