Asking Price:$355,000

Cash Flow:$162,192

Gross Revenue:$1,113,973

EBITDA:N/A

FF&E:$80,000

Inventory:$20,000

Real Estate:$580,000*

Established:1974

*not included in asking price.

Business Description

This local family-owned glass company is located in the Colorado Springs Metro area just 14 miles from downtown Colorado Springs. This company is one built on honesty and integrity. The company combines a strong work ethic with attention to detail. The experience of the owner and employees in the glass industry offers customers superior service and quality craftmanship. Their excellent work can be seen in both residential and commercial properties throughout the Colorado front range and western slope areas. Projects range from custom glass endeavors to framed or frameless shower doors, tub enclosures, mirrored walls, glass table-tops and vinyl window installations. This company has completed many commercial projects throughout the state of Colorado. They also repair and replace auto glass which makes up approximately 20% of the total business. Residential work makes up the majority of the work at approximately 70%. Commercial projects make up approximately 10% of all projects. 80% of the total business is repeat business. Window tinting is also a part of their business. In September, 2019, the owner promoted one of his long-time employees to general manager of the operation. The owner is not absentee but now only comes in around 10 to 15 hours per week.

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Detailed Information

Location: Teller County, CO

Inventory: Included in asking price

Real Estate: OwnedNot included in asking price

Building SF: 3,300

Employees: 8

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 3300 Square foot offices and shop

Competition: Competition is limited

Growth & Expansion: As the area continues to grow, demand for this type of services will be on the increase.

Support & Training: 30 Days on site, additional availability by telephone

Reason for Selling: Retirement