Listing Number: 0101-310036
Description
A niche specialty manufacturer and installer of glass and aluminum products utilized within the construction and renovator 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 within Florida, the business focuses on customers throughout the SE 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 to the new owner. Sellers are offering a long-term transition period and may agree to remain as advisors beyond such 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 Glazier, Roofing, Construction (G.C.) and or Engineering as well as access to obtaining a Glass Glazier’s License.
Listing Details
- Price: $3,250,000
- Down Payment: $350,000
- Sellers Discretionary Earnings: $818,796
- Total Sales: $4,227,415
- Location: Broward County, Florida
- Inventory: $74,600
- FF&E: $155,100
- Employees: 14
- Year Established: 2002
- Reason for Selling: Retirement from Industry
- Category: Construction
