This prominent commercial glass and glazing company,
based in Phoenix Arizona, has been providing services to
their business-to-business client base for 13 years. The
clients are not the end user but rather the general contractor.
They boast an 85% repeat base. The focus of their work is on
hospitals, car dealerships, schools and large office parks -
there is no residential clients. They have a spacious 7,700
square foot facility with a large shop for fabrication alongside
furnished offices. The staff includes 4 in leadership and 2
estimators, along with 14 laborer’s, installers, and glazers.
The owner is willing to stay on board for 2-4 years while
settling into retirement. The purchase also comes with the
necessary amount of vehicles, equipment, and working
capital which can range from $500K - $700K.
Priced at $3,300,000, a 10% down payment of $330,000 will
return $310,823 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 proposed expansion into the residential sector
represents a significant shift in strategy, potentially opening
up new revenue streams.
- Asking Price:
- $3,300,000 Furniture / Fixtures included
- Sales Revenue:
- $4,082,952
- Cash Flow:
- $786,862
Property Information
- Real Estate:
-
Lease
Business Operation
- Expansion Potential:
-
Expand into the residential sector.
- Reasons for selling:
-
Retirement
- Employees:
- 20
- Years established:
- 2010
Other Information
- Support & training:
-
2-4 years based on buyer preference
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
10% Buyer Down Payment $330,000
10% Seller Financing $330,000
80% Bank Loan $2,640,000
- Furniture / Fixtures value:
- $965,105 - included in the asking price
- Relocatable:
- This business can be relocated.