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Businesses For Sale

Full-Service Commercial Glass & Glazing Contractor in Houston With Some Seller Financing

THIS LISTING HAS SOLD!

Listing Agent:


Rose Stabler

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Sold

Listing: # 8100

Price: $ 325,000

Location: Houston

Listing Profile

Classification:

Service Business

Purchase Price: $325,000
Real Estate Price: $NC
Working Capital: $
Total Investment: $325,000
Down Payment Required: $325,000
Gross Revenue: $
Discretionary Earnings: $0
Imputed Rent: $
Total Cash Flow: $

Description and Operations


Established Date: 1974
Monthly Rent: $1,335
Reason for Sale: Retirement
Employees(Full): 6
Employees(P/T): 1

Reason for Sale:
Retirement


Description:
This Greater Houston Metro Area full-service commercial glass and glazing contractor has strong customer relationships and has been operating for 40 years specializing in commercial storefront fabrication and installation, custom shower doors & mirrors. Backlog of work is typically two months out. Source of new business is 85% word-of-mouth, 10% advertising, 5% from their website. One of the owners does the estimating, ordering, and scheduling, the other handles the invoicing, phones, payables, submitting proposals, and dispatch. Both owners are amenable to staying after the acquisition until new talent is hired. An estimator/coordinator and an office manager could replace the owners. The company has not taken advantage of online management programs to speed up the estimating & bidding process. The owners, a husband/wife team, feel like they are hindering the company’s potential. There is unlimited growth opportunities, but along with that comes more commitment than they are not willing to give at this time in their lives. They are ready to retire and enjoy all that they’ve been blessed with.

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