Status: Active
Profitable Specialty Glass Manufacturer/Installer, Florida Gulf Coast Region - Listing #: 55684
| Listing No: BBF-966-55684 | |
Public Pictures:  |
| Category | : | Construction | SIC | : | 1793 | |
| Detail | : | Glass Company | Price | : | 2,750,000 | |
| County | : | Down | : | 275,000 | ||
| State/Prov | : | Florida | Disc Earn | : | 867,666 | |
| Country | : | USA | Sales | : | 2,565,725 |
|
Excellent opportunity with exceptional growth opportunity. Market is growing rapidly in terms of construction both residential and commercial. Business has succeeded with limited marketing or sales presence. Under qualified management and with additional key personnel, revenues would certainly rise. Company profits have been solid and would exponentially grow. |
| Showing Remarks | : | CUSTOM GLASS FABRICATION AND INSTALLATION FOR RESIDENTIAL, COMMERCIAL AND MUNICIPAL PROJECTS. EXCELLENT OUTLOOK WITH GROWTH IN CONSTRUCTION AND HOUSING MARKETS PROJECTED FOR THE REGION. |
| Reason for Sale | : | Semi-retirement, other interests |
| General Location | : | Florida Gulf Coast |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| : | Years Established: 12 Years Owned: 12 Emp FT: 14 Emp PT: 0 Mgrs: 2 | |
| Non Compete | : | Miles: 50 Years: 7 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | M-F 8-5 |
| Skills/Licenses | : | County license required |
| Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: N |
| Data Source | Annualized | P/L Statement | P/L Statement | |
| Year (Cash Flow) | 2024 (N) | 2023 (N) | 2022 (N) | |
| Gross Revenue | 2,565,725 | 3,210,465 | 2,041,783 | |
| Cost of Goods | 1,264,335 | 1,683,426 | 1,338,131 | |
| Gross Profit | 1,301,390 | 1,527,039 | 703,652 | |
| Expenses | 515,619 | 638,774 | 172,570 | |
| Net | 785,771 | 888,265 | 531,082 | |
| Owner Salary | 80,101 | 74,496 | 80,101 | |
| Benefits | 0 | 0 | 0 | |
| Interest Expense | 1,794 | 2,355 | 2,187 | |
| Depreciation | 0 | 0 | 0 | |
| Other | 0 | 0 | 0 | |
| Discretionary Earnings | 867,666 | 965,116 | 613,370 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 0 | Y* | ___________ | 0 | N* |
| F F & E | 250,000 | Y* | Total Assets | 250,000 | Y* |
| Leasehold | 0 | N* | |||
| *Included? |
| Lease/Month: | Square Footage: 12000 | Building Type: |
| Terms & Options: | Expiration Date: |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 2,475,000 Mos: | 120 Rate: | 10.50 Mo Pmt: | 33,396.41 |
| KEVIN BRADY | Office | : | (855) 969-3534 | |
| ASSOCIATE | Fax | : | ||
| Home | : | (504) 338-9477 | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (504) 338-9477 |
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
| NAPLES, FLORIDA 34105 | : | [email protected] | ||
| USA | Home Page | : | sunbeltofflorida.com |