Details

Glass Company For Sale

Asking Price:
$1,150,000
Annual Sales:
$823,000
SDE:
$277,000
Inventory: Included
FF&E: $96,000
Real Estate (Included): $700,000
Employees: 1 FT & 1 PT Owner
4 FT
Location: Winter Park, Colorado
Reason For Sale: Retirement

 

Business Description

30-year-old business with very high recurring clientele. Sales and profits are up increasing steadily year-over-year with very little sales and marketing expense. Real Estate valued at $700,000 is included, but business-only will sell for $450,000 if Buyer wants to lease real estate.

Business has dedicated and seasoned staff, which is hard to find in a resort town. The Owner is willing to transition out of the business over a long period of time to ensure a smooth transition. Employees are aware of the Owner’s desire to exit and are fully supportive of new ownership.

The Company provides auto glass replacement, residential and commercial window glass service, and new shower glass installations. Because the work is not tied to tourism or hospitality, you can give the employees time off when conditions are great for skiing, biking, and fishing. Company has survived many recessions – the demand for auto glass did not diminish while other construction services did suffer.

Company has been located at the same place for many years. The facility can handle about 25% growth without needing additional space. There is limited competition in the area. Companies from Denver do try to service the area but find the distance and snow conditions really limit their abilities. This is a business that does require a local shop to provide a high level of service.

Company does not aggressively market so there is room to grow just by letting new people to the valley know that you are in town. Company can add products and an outside salesperson if growth is really desired. Company is quite profitable – growth is not critical to success.

Owner and Staff will train through transition period. Owner is staying in the area and can provide support long-term if desired. Owner will carry up to 10% WAP.

Represented by Bill Scott. 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.