High End High Quality Glass Contractor in OC- Lender PreQual

Orange County, CA

Seller Financing Available

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Asking Price:$497,091
Gross Revenue:$1,576,558
Rent:$7,440
Established Year:1979
Cash Flow:$253,515
Inventory:$15,000
FF&E:$25,000
BUSINESS DESCRIPTION

This Company is a custom glass contractor serving the Orange County, CA area for over four decades. Their attention to detail and high-quality materials, as well as workmanship, provide their customers with a truly unique and custom design experience in their homes. This Company provides a wide variety of glasswork for their clients including; Mirrors, Wind Walls, Cabinet Class, Tabletop Glass, Shower and Tub Enclosures, and Deck Glass. They have a solid crew of six employees with long-standing tenure.

This would be a great opportunity for another licensed CA Contractor to expand their market share and customer base by acquiring a great long-standing company with an excellent reputation. A current CA C-17 Glazing Contractors License is required to own and operate this business. The Buyer must either have the C-17 Contractors License or have an RME or RMO that can qualify for the license under the Buyer's entity post close.

This business has been lender pre-qualified, which means you could own a business cash flowing over $183k for only 10% down!

A signed NDA and fully completed Buyer Profile is required for all Buyers to complete before any confidential information will be shared with the Buyer. For more information, please reach out to the listing agent, Chris Beckman at cbeckman@tworld.com, or by calling (714)-824-4492.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,650
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: Broker to provide upon request. FF&E General Condition: Good
Competition
There are a few other shops in Orange County that provide similar services. However, there is plenty of business to go around, so the current owner does not see much competition from competitors.
Growth & Expansion
There is an opportunity for a buyer to continue to provide the high-quality glasswork services they already provide while starting to sell a line of windows and doors as well. They do not currently do this, but there is a lot of business out there should a new owner decide to start. There is also an opportunity to expand into other cities in Orange County.
Financing
Owner Terms:$49,709.33 Interest:10.5% Term Months:36 Monthly Payment:$1,615.67
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retirement
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Chris
Beckman
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Chris Beckman