Established Glass and Glazing Contractor in Northern Indiana

Mishawaka, IN

Seller Financing Available

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Asking Price:$480,000
Gross Revenue:$1,667,000
FF&E:$375,000
Established Year:1939
Cash Flow:$187,000
Inventory:$250,000
Real Estate:$400,000
BUSINESS DESCRIPTION

This is a unique opportunity to acquire a highly reputable and long-established commercial glazing contractor and wholesale glass supplier located in Northern Indiana. Founded in 1939, this family-owned business has been a cornerstone in the local community and a leader in the glazing industry for over 85 years. The current owner, who is seeking retirement, has successfully run the company since 1996, 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 only local glass contractor 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.

Located in Mishawaka, IN, the company benefits from its strategic location, providing easy access to major markets in Northern Indiana and beyond. This prime location enhances its ability to serve a wide range of clients efficiently and effectively.

With over eight decades of industry presence, the company has built an impeccable reputation for excellence in service, reliability, and craftsmanship. It has cultivated strong, long-standing relationships with a group of local contractors who have historically proven their strength and stability. These loyal relationships make up a significant portion of the company’s sales, ensuring a steady stream of business and providing a solid foundation for future growth.

The company’s workforce is another significant asset. It boasts a team of experienced and dedicated professionals who are skilled in various aspects of glazing and glasswork. Their expertise and commitment to quality ensure that the company maintains its high standards and continues to deliver exceptional results to its clients.

The business is well-positioned for growth, with several opportunities to expand its operations and increase revenue. Additionally, the company’s commitment to customer satisfaction and quality workmanship has earned it a reputation as the go-to provider for commercial and residential glazing needs.


DETAILED INFORMATION
Location
Mishawaka, IN
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
12,185
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates out of a 12,185 sq. ft. facility located in Mishawaka, IN. This facility includes a spacious 9,750 sq. ft. warehouse and a 2,435 sq. ft. office space, providing ample room for operations, storage, and administrative functions
Competition
The company enjoys a strong market position in Northern Indiana. Its strategic location provides easy access to major markets, enhancing its competitive edge. With minimal competition, the company’s commitment to quality workmanship and customer satisfaction has earned it a reputation as the preferred provider for commercial and residential glazing needs.
Growth & Expansion
The business is well-positioned for growth, with several opportunities to expand its operations and increase revenue. Expanding the wholesale footprint is another key opportunity; hiring more sales representatives or a dedicated business development professional could extend reach beyond Northern Indiana and into the Midwest. Opportunities for expansion are significant, promising future growth.
Financing
Seller will consider a portion of financing for a qualified buyer.
Support & Training
Owner will provide buyer with transition period. Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker or agent makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information.
Reason for Selling
Retirement
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Ricky
Kerns
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Ricky Kerns