Glass Contracting Business For Sale - South of Boston
Exceptional Products and Services
Listing Number: 1611
Asking Price: $659,000 (includes $70,000 in FFE and Service vehicles)
Gross Revenues: $1,199,000
Owner's Cash Flow: $254,000
This is an outstanding opportunity to acquire a thriving glass installation company. With over 55+ years in service, the business offers one of the largest local inventories of glass products, as well as a range of installation services for automotive, residential, and commercial customers, in Southeastern, MA. The exceptional quality of its products and its customer service has resulted in excellent word-of-mouth advertising, repeat customers, and referrals.
The upsurge in new development projects throughout Massachusetts is just one of the factors contributing to the growth of the glass contractor businesses. Economic growth has created increased demand from key markets for the industry, specifically residential and nonresidential construction. As a result, industry revenue over the last five years to 2019 was on track to reach $14.8 billion.
The business specializes in installation and replacement of glass products and services for home, commercial, and industrial use. These include flat glass and auto glass installation and replacement.
The facility includes 3,500 SF for its daily operations, as well as an additional 7,500 SF basement for storage. The building also offers 28 parking spaces and is in excellent condition. The property is owned by the sellers and will be available for rent to the new owners on a 10-year initial term, with 5-year options. The initial gross rent is $4,000 per month NNN, plus additional common area maintenance (CAM) costs.
Growth & Expansion: A new owner seeking to further grow this already thriving business can explore several strategies, including increasing staffing or partnering with new development projects.
5 FT, 1PT employees, and 2 owners
Terms: It is expected that a qualified buyer can obtain an SBA 7A loan with 10% down payment for the business.
Support & Training: Owner will provide training and support for a smooth transition