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Glass Aluminum And Custom Closet Manufacturing Business For Sale

Scotia, New York
Asking Price:
$3,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$7,200,000
Cash Flow:
$911,000

This Glass & Aluminum Company is a full-service contractor, (exception is auto glass) plus a semi-custom closet installation company that has been growing since its inception in 1996.
The business services an approximate forty (40) mile radius which includes four (4) counties.
While they have a service department that supports light commercial and residential customers, it does not take on labor-only work.
Sales breakdown: commercial 45%; government and municipal 10%; industrial 5%; residential 40%.
Company opens six days; the only glass company in the area opened Saturdays from 9 AM to 12 PM.
New customers are derived from TV advertisement, magazine advertising, internet, and the owners’ involvement with local builder associations.
Company has a long history and an excellent reputation.
Residential side (single family and apartments): products include mirrors, shower doors, and closet shelving. The closet and bathroom products are pre-fabricated; They only install. The only in-house fabrication is the mirrors (cut and polished). Sometimes, the closet systems are modified and cut to size.
Since the builders allow the Company sales team to deal directly with their clients, the sales team will often up-sell the customer upgraded bath and closet accessories and systems. The beautiful showroom enables the sales team to help the homeowners better visualize the final product.
Commercial side: Glass, Aluminum door, window fabricators. They purchases the stock length material from national manufactures. Example-Strip malls: aluminum door, window frames and glass work. Door packages (door and frames) come pre-manufactured, but they fabricate and assemble the rest. In some cases, e.g., school jobs the Company only installs pre-fabricated items onto the buildings.

Property information

Real Estate:

Lease

Premises Details:

The business operates from a two (2) acre property with two buildings, utilizing approximately 17,000 sq.ft of space. The real estate is owned by the shareholders and may be available for sale, along with the business.

Other Information

Furniture / Fixtures value:
$435,500 - included in the asking price
Inventory / Stock value:
$122,300 - included in the asking price
Related Documents:

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