This is a fantastic opportunity to purchase a highly profitable, full-service glass company with room to grow. Serving the Denver Metro Area since 1992, this business has been operated current owner since 2006.
The business has a highly successful niche specializing in commercial storefronts that are 3 stories and lower, shower enclosures, installation and customization of mirrors & windows.
The ideal candidate to own this business is someone with excellent sales skills and general business management experience. Prior glass experience is not necessary, in fact, the current owner had no glass experience when he purchased the business. Making for a smooth transition, there is a staff of 6 employees in place that are competent in delivery, installation and any custom fabrication required.New owner would focus on quotes and estimating, and also foster and develop relationships with glass suppliers, contractors, interior designers and home owners. Being customer oriented and being able to think quickly on your feet in regard to sales volume and profit margins makes this business fun and exciting.
This is a business where approximately 80% of the revenue is derived from sales, delivery and installation. Approximately 20% of the revenue is derived from in-house custom glass fabrication. All work performed in-house is simply a revenue driver for larger, more profitable jobs. In fact, consider there is almost one million in annual gross sales, while there is presently only about $10,000 of inventory in the shop.
This business is pre-approved for SBA Financing to a qualified Buyer, in which case the Buyer would only need between 15% and 25% of the purchase price for a down payment. The profitability and price put this business in the ''sweet spot'' of small business sales as a new owner can easily service the SBA debt and still be compensated well over 6 figures.
Call Chris Gerard at 303-395-3800 for more details!