Tupelo Data Room
Building Material & Hardware Stores, Glass, Stone & Concrete
Active

Commercial and Residential Glass Services

Plymouth County, Massachusetts, United States
Asking Price$650k
Revenue$1.91m
EBITDA-
Cash Flow$245k
Description
This profitable, well-run residential and commercial glass company has served customers in southeastern Massachusetts for over 40 years. The company provides many glass-related services. Glass doors, windows, some auto glass, window and screen repairs, and bathroom shower doors have been the most requested projects over the last few years. There are skilled employees in place, and the owner is willing to assist the buyer with a successful transition.
Real Estate
Rent is $3,350 per month
Building Size: 3500 sq. ft.
Furniture Fixtures & Equipment
$175k
Inventory
Included in Asking Price
Number of EmployeesFull-Time: 9
Year Established
1981
Reason Selling
Looking to retire but is open to working part-time for 6-12 months to train a new owner or a suitable replacement.
Facilities & Assets
The property, located just off the highway, is owned by the Seller and is a small strip mall with four tenants, including Glass company, which rents 3,500 SF of the 6,750 total SF building. The property is available for purchase at a Fair Market Value.
Support & Training
Seller will stay on to train the Buyer and will work part-time until a suitable replacement is trained. This is an excellent opportunity for anyone wanting to own their company. A qualified buyer could finance the business with an SBA loan for as little as 10% down. Construction or remodeling-related experience is beneficial but would not be required.
Growth Opportunities
? The company has an excellent reputation. ? Large and diverse client base. ? Trained employees. ? Central location to serve their clients. ? The locksmith sales could be grown. ? Track record of successful sales and profits. ? Transparent accounting and financial reporting. ? Property can be leased or purchased at FMV. ? Good investment property. ? SBA financing for the right Buyer. ? The seller will help train the new Buyer.
Financing Options
Seller financing is available.Qualified for SBA financing for the right buyer. Some owner financing available.
Asking Price$650k