This B2B opportunity is focused on commercial glass and
glazing. Boasting an 85% repeat customer base specializing
in hospitals, schools, office parks and car dealerships - there
is no residential clients. Based in Phoenix, they have a
spacious 7,700 square foot facility with a large shop for
fabrication alongside furnished offices. The staff includes 7 in
leadership and 3 admin, along with 9 installers and glazers.
Included in the purchase price are assets valued over
$800,000 with a Work in Progress just shy of 4 million and an
impressive Backlog of $4,167,000. The owner is willing to
stay on board for 2-3 years while settling into retirement.
Priced at $3,450,000, a 10% down payment of $345,000 will
return $445,068 in the first year after debt payments. The
seller has offered to carry 10% of the purchase price in order
to show their vested interest in the continued success of the
business moving forward. In terms of growth, their strategy
includes hiring more staff and expanding into the residential
sector. The SBA has fully approved this deal as of May
2024, and a 3rd party appraisal has been completed!
- Asking Price:
- $3,450,000 Furniture / Fixtures included
- Sales Revenue:
- $4,725,847
- Cash Flow:
- $960,878
Property Information
- Real Estate:
-
Lease
Business Operation
- Expansion Potential:
-
Growth Opportunities: Expand into the residential sector
- Reasons for selling:
-
Retirement
- Employees:
- 19
- Years established:
- 2010
Other Information
- Support & training:
-
2-3 years based on buyer preference
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Buyer Down Payment $345,000
10% Seller Financing $345,000
80% Bank Loan $2,760,000
- Furniture / Fixtures value:
- $801,750 - included in the asking price
- Relocatable:
- This business can be relocated.
