Established Custom Glass and Paint Retailer

Jackson, WY
Asking Price:$1,600,000
Rent:$12,000/Month
Established Year:1973
Gross Revenue:$2,545,601
EBITDA:$646,403
BUSINESS DESCRIPTION

Thriving glass and paint business with new 10-year NNN lease

Unique opportunity to purchase a thriving and established multi-generational business in Jackson, WY. The business opportunity includes a the transferable 10-year NNN lease of a large, centrally located building at 205 Scott Lane. The building has a 4,100 square foot ground floor that includes three bays with 14’ overhead doors for the glass shop for managing inventory and preparing orders; retail showroom; paint mixing room; private office space; two bathrooms and additional storage. There is an approximately 1,775 square foot mezzanine loft for additional storage, work area, and additional private office. Property has street frontage on both Scott Lane and Alpine Way and includes two parking areas— customer parking for 5-6 vehicles along the showroom entrance and parking for staff & fleet vehicles along the north side of the building.

Jackson Paint and glass has been a staple for contractor and homeowner sales of custom glazing and screen products for residential and commercial applications since 1973. Business lines includes Jackson’s ONLY exclusive “full line” of Benjamin Moore products as well as the Jackson market exclusive for Milgard windows. Auto glass services include repair and replacement of windshields as well as side and rear window glazing. Inventory on hand is not included in listing price and shall be reconciled at closing.

Stated EBITDA is combination of 2023 NOI from 2 separate business lines + owner total compensation as reported by financial advisor. Buyer should confirm all figures.

Listed by Des Jennings and Marybeth Hansen with Jackson Hole Sotheby's International Realty.


ATTACHED DOCUMENTS
Jackson Paint & Glass Confidentiality_Agreement.pdf.pdf Download

DETAILED INFORMATION
Location
Jackson, WY
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
5,875
Lease Expiration
30/09/2034
Employees
10
Competition
This is the largest and longest-established custom glass shop in the Jackson Hole market in an easy-to access, recognizable location. There is one other, smaller competitor in the market.
Growth & Expansion
Yes, with additional staffing there are opportunities for growth.
Financing
Seller financing may be available.
Support & Training
Owner willing to remain for up to 6 months for training and support of new ownership and any staff.
Reason for Selling
Owner retirement

BUSINESS LOCATION
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Desmond Jennings
Desmond Jennings