Listing Number: 11421-705623
Description
This is a unique opportunity to acquire a highly reputable and long-established commercial glazing contractor and wholesale glass supplier located in Central New York. Originally founded in 1940, this family-owned business has been a cornerstone in the local community and a leader in the glazing industry for decades. The current owner, who is seeking retirement, has successfully run the company since 1993, ensuring a solid foundation and a legacy of quality and reliability. Renowned for its comprehensive range of services, the business excels in commercial contract glazing, wholesale glass distribution, and residential glazing services. The company holds a unique position in the market as the one of the only local glass contractors that inventories glass, establishing it as a critical supplier to many regional competitors. This key advantage, coupled with the company's products, positions it as a leader in the industry.
What Makes This Opportunity Shine?
Proven Profitability: A consistent track record of strong financial performance and steady growth.
Established Client Base: Benefit from existing relationships with repeat customers and ongoing contracts.
Skilled Team: A dedicated and experienced team of professionals in place, ensuring a smooth transition.
Comprehensive Equipment: Includes all necessary tools, machinery, and vehicles to continue operations seamlessly.
Prime Central New York Location: Situated in a vibrant area with ample opportunities for expansion and continued demand for services.
Diverse Service Offerings: A broad range of glass and glazing solutions means multiple revenue streams.
Commercial RE can also be purchased, asking price is $950,000.
Listing Details
- Price: $2,250,000
- Down Payment: $230,000
- Sellers Discretionary Earnings: $627,100
- Total Sales: $5,750,000
- Location: New York
- Inventory: $47,000
- FF&E: $400,000
- Employees: 25
- Reason for Selling: Retiring
- Category: Construction
