A niche specialty manufacturer and installer of glass and aluminum products utilized within the construction and renovation of commercial and residential buildings. Established for over 20 years, with a healthy pipeline well into 2025, this operation is on track to do about $4 million in revenue and operates on about a 50% gross margin. Located in Florida, the business focuses on customers throughout the Southeast USA and Caribbean. Fully staffed and with field management in place, the bottom line is adjusted to include a new operations manager. This business is well equipped, with the latest in state-of-the-art manufacturing processes, and includes 3 product approvals, representing a significant investment and enduring continuity moving forward for the new owner. Sellers are offering a long-term transition period and may agree to remain as advisors beyond such a period. The sales price includes $250K in A/R, inventory, FF&E, and 3 vehicles. The seller may entertain short-term financing; however, this operation should qualify for SBA financing and Visa immigration needs for cash buyers. Prospects should have industry experience such as glass glazing, roofing, construction (G.C.), or engineering, as well as access to obtaining a glass glazing license. Please refer to the listing ask for Tom Milana when inquiring.
- Asking Price:
- $3,250,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $4,227,415
- Cash Flow:
- $818,796
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
7,271 SF industrial/office building @ $13,254.45/mo.
- Location:
-
South Florida
- Premises Details:
-
7,271 SF industrial/office building @ $13,254.45/mo.
Business Operation
- Expansion Potential:
-
Unlimited
- Competition / Market:
-
Unknown
- Reasons for selling:
-
Retirement from the industry
- Trading hours:
-
M-F; 8A-4P
- Employees:
- 16
- Years established:
- 22
Other Information
- Support & training:
-
Seller will train for 90 days
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
SELLER= $325k @ 10% for 36 mos= $10,486.84/mo.
SBA= $2,774,300 @ 10.5% for 120 mos= $37,435.02/mo.
- Furniture / Fixtures value:
- $155,100 - included in the asking price
- Inventory / Stock value:
- $74,600 - included in the asking price
- Relocatable:
- This business can be relocated.
