Glass Company for Sale(SOLD) – American Business Brokers and Consultants

Commercial & Residential Glass Company

Colorado Springs, CO (El Paso County)

Asking Price:$1,225,000
Cash Flow:$379,000
Gross Revenue: – $1,624,000
EBITDA: – N/A
FF&E: – $300,000
Inventory: – $20,000
Rent: – $4,377 /Month
Established: – 2006

Business Description

Profitable Well-Established Glass Company for Sale

This commercial and residential glass company has been in business since 2006 in Colorado Springs. Their finished product is of the highest integrity in the industry. They provide sales and installation of commercial and residential glass as well as shower and bath enclosures. They have a showroom with several different types of glass and enclosures. Sales and profits continue to grow at this company. Sales for 2019 totaled $1,624,016 with an SDE of $379,395. First quarter 2020 results show $455,102 in sales and $154,742 in SDE. There is approximately $300,000 in equipment, fixtures, and furnishings, and about $20,000 in inventory. They currently have $500,000 in current contracts and are expecting another $254,000 by the beginning of summer and are expecting an additional contract worth $325,000 with work beginning in the Spring of 2021. In addition to the contracts, they receive a good portion of their business from contractors as well as business and residential owners and perform this work on an as requested basis. The asking price is $1,225,000.

Detailed Information

Location: Colorado Springs, CO
Inventory: Included in asking price
Real Estate: Leased
Building SF: 4,600
Lease Expiration: 4/1/2021
Employees: 9
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Competition: There are two major local competitors
Growth & Expansion: Adding a sales representative could increase sales substantially.
Support & Training: 30 Days
Reason for Selling: Other business opportunities – health