Commercial & Auto Glass
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $575,000 |
$1,600,000 |
$188,028 |
Inventory Value:
$20,000 (included in the asking price)
Business Summary:
MOTIVATED SELLER- MUST SELL. ALL REASONABLE OFFERS CONSIDERED. Well established Commercial, Residential, and Automotive Glazer in business for more than 40 years. Consistently profitable. Operating out of its own building, which is in a central location in Hudson County, with easy access to the NY Metro Area. The company has focused on and improved the commercial business mix which now represents more than 65% of the total revenue, and at higher margins. Relationships already established with the River Terminal Development Company in Kearny, and Redcom Design & Construction (Westfield) Gotham West (Jersey City) Hugo Neu Realty Corp (NYC) and others.There are all required vehicles, tools, workbenches, saws, drills, cutters, grinders, and areas for storage.Great business for the owner-operator.High ratings from Yelp.offers.For further details, and for a viewing, please call Mike Gersten (551) 225-8720 ([email protected])
|
|
| |
|
| |
|
| Year
Business was Established: 1980 |
| |
|
| Number of Employees:
8 |
|
| |
|
| Facilities / Terms of Lease:
A 6,000 sq. ft.main street building will open space for a shop (drive-in) plus separate office and basement. There are all required tools, workbenches, saws, drills, cutters, grinders, and areas for storage. It is in good condition. |
|
| |
|
| Potential
Growth/Expansion:
There is an opportunity to grow the business by marketing to additional commercial real estate and property management companies as they often make a company-wide decision and hire glazing companies on a contractual basis. Propose recurring and/or maintenance or break/fix contractual relationships with these commercial and other customers. In addition, automotive- car and truck dealers are going through upgrades and improving their appearances with glass, skylights, and partitions. The company already has a well-established relationship in these segments. There is also an opportunity to leverage the internet for advertising and Google Ad Words, which is not being done presently. |
|
| |
|
| Competition:
The glazing market is fragmented with owner-operators dominating the market. These sole proprietors operate much like other construction companies by establishing their reputation and building a business following. This company operates in the commercial building glass market, well as residential glass, and the auto glass/ windshield replacement segments. Auto glass replacement business comes from established relationships with Penske, who consults with auto dealerships nationwide and recommends the company for automotive dealership glass work in the greater NY area. There is also a walk-in customer base. |
|
| |
|
| Owner
willing to finance:
Seller Financing available for qualified buyer |
|
| |
|
| Owner
willing to train:
Owners will stay on for suitable training and transition |
|
| |
|
| Reason for selling:
Retirement after 40+ years |
|
|
|
| REQUEST MORE INFO |
 |
|
