Residential & Comm. Glass Repair & Replacement Co.
Virginia
Sale Pending
| Asking Price: | $2,500,000 |
| Gross Revenue: | $4,145,303 |
| FF&E: | $328,385 |
| Cash Flow: | $472,974 |
| Inventory: | $726,886 |
| Established Year: | 1988 |
Listing ID: 2287266Listing provided by BizBuySell
BUSINESS DESCRIPTION
For almost 40 years, this Virginia-based company has been offering custom glass solutions for residential and commercial customers. Homeowners, businesses, and commercial property managers have come to rely on this company for high-quality, affordable, and customized glass (no auto). The 27 FT W-2 employees have the experience and know-how to cut and install plate glass, shower stalls, table tops, security glass, insulated windows, and more.
With steady year-over-year sales growth, even through the pandemic, this business is recession proof.
DETAILED INFORMATION
Location
Virginia
Inventory
Included in asking price
Real Estate
Leased
Building SF
12,000
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company operates from a 12,000 SF commercial facility along a busy thoroughfare with easy access to I-95. Facility is available for sale or lease.
Competition
While there are other glass shops in the area, few have the scale and reputation of this company. With the ability to do almost any job, big or small, this shop beats competitors in cost and quality.
Growth & Expansion
This company is primed for growth, especially in the commercial sector. Recently hired a second estimator to expand sales in this channel.
Financing
Lender pre-screened with $625K down.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Owners are retiring.
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