Description
Are you looking for a business with experienced management in place? One that is well established, with an excellent reputation and in need of a new owner with the desire to grow?
This company has been a leader in commercial and residential glass fabrication and installation in Southwestern N.H for years. It is widely known and recognized for superior service, reliability, quality installations and overall engineering. Many opportunities exist for growth including bidding on larger commercial jobs, expanding the existing service area or increasing product lines. The Company has a stable, tenured, competent and reliable work force. It is a non-union shop giving it a very competitive cost advantage over some of its largest competitors.
Detailed Information:
Business Price: $400,000
Revenues: $1,177,929
Inventory: Est. at $70,000, included in asking price
Furniture, Fixtures, & Equipment (FF&E): $145,000, included in asking price
Seller’s Discretionary Income: $153,479 w/Market Rent or $187,079 w/Real Estate Purchase
Real Estate: $500,000, additional (see below for details)
Facilities: The Company is headquartered in a 6,250 SF +/- facility on two acres. The space consists of an office and showroom of approximately 850 SF and a shop, fabrication and warehouse area of approximately 5,400 SF. It is an excellent location, with easy access to the public. Owner would prefer to sell Real Estate.
Competition: The Company serves the geographic market that falls primarily within a 50-mile radius of their location. There are 2 other companies that directly compete in the area.
Growth & Expansion: Pro – Unlimited growth in the residential & commercial area of the business. Option to expand business into Massachusetts. Experienced and tenured manager & staff with excellent customer relationships. Building in great shape with significant manufacturing capacity and plenty of physical space to grow.
Support & Training: Seller is willing to stay on to assist in support and training for a limited time.
Reason for Selling: Retiring