Active
Profitable Stained Glass Restoration Business
Business Summary:
- Company has consistent contract work, with very little client concentration.
- Stable Net Profit / SDE year-over-year
- Company serves a specialized niche with projected continued demand
- Company has built a strong reputation on quality work, highly-skilled team, and industry knowledge.
- Established Upper Midwest footprint with opportunity for growth.
- Company maintains a large inventory of specialized and hard-to-find glass.
Target buyer:
- specialty glass companies seeking to expand into the Central Minnesota marketplace;
- glass window companies seeking to broaden their product base by acquiring a company featuring artistic glass designs;
- an artist/business entrepreneur seeking a turn-key operation;
- a mid-manager in a glass studio seeking to move into ownership status.
Listed By: Omar Kettani
- Company has consistent contract work, with very little client concentration.
- Stable Net Profit / SDE year-over-year
- Company serves a specialized niche with projected continued demand
- Company has built a strong reputation on quality work, highly-skilled team, and industry knowledge.
- Established Upper Midwest footprint with opportunity for growth.
- Company maintains a large inventory of specialized and hard-to-find glass.
Target buyer:
- specialty glass companies seeking to expand into the Central Minnesota marketplace;
- glass window companies seeking to broaden their product base by acquiring a company featuring artistic glass designs;
- an artist/business entrepreneur seeking a turn-key operation;
- a mid-manager in a glass studio seeking to move into ownership status.
Ad#:2485908
Listed By: Omar Kettani
Background information
Reference:
1242423487686
Year established:
1995
Reason selling:
In preparation for retirement.
Finance
Sales:
$352,000
EBITDA:
$114,600
Operations
Employees:
2 Full-time
Equipment:
$27,600Included in asking price
Inventory:
$150,000Included in asking price
Premises
Facility:
Facility leased by seller; space totaling about 3,500 SF. Lease terms: Negotiable at current market rates. Sale of real estate could be an option. Building includes: office and retail, production, inventory storage, employee break room. Paved parking lot.
Opportunities
Growth:
Growth/Expansion: Expand Company’s commercial work to fill the demand. Add a historic preservation service offering.
Price and terms
Price:
$290,000
Financing:
Seller financing available Some seller-financing would be considered for qualified buyer.
Training:
Seller will assist in the buyer’s successful transition: seller would consider extending transition period.