MergerPlace

Price Reduced! Glass & Mirror Business

Colorado


  • Asking Price: $1,399,000
  • Gross Income: $1,855,457
  • Cash Flow: $445,747
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $100,000
  • Listing ID: #197934
  • Established: 1977
  • Employees: 9 FT/ 1 PT

Business Description

Price Reduced for Quick Sale! Longstanding Glass and Mirror business with years of success and many happy customers provides a great opportunity for someone that wants excellent year-to-year cash flows with status quo, or great growth opportunity for someone with energy. Business operates for long periods without significant owner attention. The business has the strength and diversity to produce good cash flow in the slower economic years. But, in a good economy, it has delivered years with excellent cash flows just under $500,000! Now is a great time to buy, with strong backlog. Projections for 2017 show strong growth. Great experienced staff, with high retention rate! Clean books, reasonable and few add backs - owner's salary, health insurance and std add backs. Years of tax returns available.
World-class skiing, mountain biking, hiking, climbing, hunting, fishing, etc., at your doorstep and cash flow that supports your lifestyle and more!
World-class skiing, mountain biking, hiking, climbing, hunting, fishing, etc., at your doorstep and cash flow that supports your lifestyle and more!


Business Details

Primary Business Category: Construction - Building, Developing
Location: Colorado

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 9 FT/ 1 PT

Financial Information

Asking Price: $1,399,000
Gross Revenue: $1,855,457
Cash Flow: $445,747
FF&E: $100,000
Inventory: $30,000
Seller Financing Available: Yes

Property Information

Facilities:

6,350 square feet in commercial / industrial condo unit.

Growth & expansion opportunities:

Additional advertising, sales and marketing in local community and outlying communities.

Competition:

Two other direct competitors in immediate area. There are a few others in surrounding areas and many on the Front Range (Denver Metro).

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost. From shower door/tub enclosures, architectural dividers, stair rails, deck railings, counter tops, window glass, cabinet glass, safety glass, furniture tops, glass hardware, store front, to virtually any residential/commercial glass needs. Skills required are management experience, people skills and financial management. Additional skills that would be helpful include: project estimating and scheduling.

Contact Business Seller

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Business Listed By:

Jerry Ledingham

Murphy Business Brokers