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Commercial Glass & Glazing Contractor Houston Seller Financing For Sale

Houston, Texas, US
Asking Price:
$425,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$486,990
Cash Flow:
$136,061

This Greater Houston Metro Area full-service commercial glass and glazing contractor has strong customer relationships and has been operating for 40 years specializing in commercial storefront fabrication and installation, custom shower doors & mirrors. Backlog of work is typically two months out. Source of new business is 85% word-of-mouth, 10% advertising, 5% from their website. One of the owners does the estimating, ordering, and scheduling, the other handles the invoicing, phones, payables, submitting proposals, and dispatch. Both owners are amenable to staying after the acquisition until new talent is hired. An estimator/coordinator and an office manager could replace the owners. The company has not taken advantage of online management programs to speed up the estimating & bidding process. The owners, a husband/wife team, feel like they are hindering the company’s potential. There is unlimited growth opportunities, but along with that comes more commitment than they are not willing to give at this time in their lives. They are ready to retire and enjoy all that they’ve been blessed with.

Seller's Discretionary Earnings: $136,061 Proforma

Property Information

Real Estate:

Lease

Location:

3000SF, 2 Bays, Single Story w/office & tool room

Business Operation

Expansion Potential:

1. Add Curtain Wall glazing system. 2. Initiate outside sales. 3. Submit Quotes on the overwhelming amount of requests that come in through Blue Book. 4. Build Better Website 5. Increase number of crews. 6. Utilize Technology: Online management operations can boost field service efficiency in scheduling & routing, GPS crew tracking & timesheets, handle quotes, manage customer data, manage billing, & more.

Reasons for selling:

Retirement

Trading hours:

5 days, Mon - Fri 8am - 5pm (weekends as needed)

Employees:
3ft; 1pt; 3 contractors
Years established:
1974

Other Information

Support & training:

Sellers will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing available

Furniture / Fixtures value:
$54,175 - included in the asking price
Inventory / Stock value:
$5,203 - included in the asking price
Related Documents:

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