SOLD!

COVID-19 Status – Colorado Essential Business is fully operational.

Details

Colorado B2B Glass Contractor

Asking Price:
 $2,240,000
Annual Sales:
 $4,500,000
Cash Flow:
 $900,000
Inventory: $25,000
FF&E: $225,000
Real Estate: Lease
Employees: 1 FT Owner
23 FT
Location: Metro Front Range, CO
Reason For Sale: Retirement

 

Business Description

ACT FAST! This rock solid business serves the new construction industry. As a COVID-19 Essential Business, it is fully operational with plenty of go-forward work and scheduled revenue on the books.

Buyers who move quickly can take advantage of current SBA policy that will forgive the first 6 months of loan payments! Multiple SBA lenders are ready to support qualified buyers, and rates will likely come in at historical lows, between 5 and 6%!

SDE has averaged 21% of revenues for the past 3 years!

This highly profitable, diversified supplier to both residential production and commercial project builders presents an excellent opportunity, especially for an owner-operator with “blue collar” industry and management experience.

While the current owner has been engaged in building this business to its current level, he is ready to retire. A supportive transition program can be developed if desired.

Opportunities to grow the business further include expanding the services offered, focusing on increased sales and marketing efforts (there are currently none!), and scaling operational capabilities through improved project scheduling and management.

Don’t delay, buyers only have until September 27, 2020 to close and capture the expected $100K+ in SBA loan forgiveness!

Represented by Don Hobbs. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.