MergerPlace

Owner Retiring - GREAT DEAL OPPTY!

New Jersey


  • Asking Price: $150,000
  • Gross Income: $620,345
  • Cash Flow: $81,952
  • Real Estate: Not Disclosed
  • Inventory: $987
  • FF&E: Not Disclosed
  • Listing ID: #202063
  • Established: 1960
  • Employees: 4 FT

Business Description

This business specializes in all things glass- store fronts, custom shower doors, glass table tops, replacement glass and installations. They custom-make all products per the customer's specifications, and have all the equipment and staff to complete the jobs in-house. The business has both commercial and residential accounts with a small retail store. Very popular in the area and long standing customer base! Great opportunity for someone looking for expansion in the industry or craftsman looking for his/her own business to run!


Business Details

Primary Business Category: Services - Business
Location: New Jersey

Company Information

Year Established: 1960
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT

Financial Information

Asking Price: $150,000
Gross Revenue: $620,345
Cash Flow: $81,952
Inventory: $987
Seller Financing Available: No

Property Information

Facilities:

Great location in busy area with high visibility. Business occupies a retail and warehouse space for everything to be done under one roof! All equipment in good working order.

Growth & expansion opportunities:

Huge potential for growth in pursuing commercial accounts and adding internal framing to the services offered.

Competition:

NY metro area market is highly competitive but this business has been around for over 50 years so has long standing good will and thousands of clients over the years. Lots of repeat business!

Reason for selling:

After many successful years, the owner has finally decided to retire. This second generation business is ready to sell to a new, outside buyer group that will take the company forward into the future.

Support & Training:

Will train for 2 weeks @ no cost. They offer a variety of glass windows and door products for households as well as businesses. All licenses are up to date and transferrable. The owner will stay on and train the right individual.

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Business Listed By:

Daz Connell

Murphy Business Brokers