Glass And Mirror Sales Service East GTA

East GTA, ON
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Sale Pending
Asking Price:$1,400,000
Gross Revenue:$1,677,457
Rent:$48,000/Year
Established Year:1985
Cash Flow:$291,219
Inventory:$60,000
FF&E:$300,000
BUSINESS DESCRIPTION

This family run business was established over 40 years ago and passed down from the founder to his family. A market leader in glass, window, mirror, home installation glass products for decades. There are service contracts with major industry leaders in the area along with a highly visible showroom on the main street. Both an installer and a manufacturer have helped this business continually increase profits and revenues. The staff is well tenured and all equipment including vehicles is included.


DETAILED INFORMATION
Location
East GTA, ON
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,500
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located on the busiest thoroughfare in town, with excellent visibility. Minutes from major highways. Surrounded by high density residential neighbourhoods and commercial centres. 4,500 square feet includes a fully equipped showroom and a warehouse for shipping receiving and manufacturing. A new lease can be negotiated, the Seller is the land owner.
Competition
This company is the market leader. The rare competition to other businesses in the same sector.
Growth & Expansion
There has been no marketing done for years. A new owner/operator has tremendous potential to increase sales and profits.
Support & Training
The current management will stay on to train and insure a smooth transition.
Reason for Selling
The Seller wants to retire fully.
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John
Goodish
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John Goodish