Newly Reduced Glass Company - Owner wants it SOLD

Sevier County, TN
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Asking Price:$175,000
Gross Revenue:$260,000
FF&E:$80,000
Cash Flow:$190,000
Rent:$1,800/Month
Established Year:2018
BUSINESS DESCRIPTION

Local glass company that has been in business for 6 years and the owner is retiring. Currently not doing any advertising so there is opportunity for growth with a marketing plan. Owner says that if a glass cutter bought the business the revenue would double. Currently operating with the owner and 2 employees running it. The business comes with 2 trucks, 1 is a Lincoln Mark LT, the other is an Econoline with glass racks mounted. Owner offering the business at a great price, he wants a quick sale, won’t last.


DETAILED INFORMATION
Location
Sevier County, TN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
11/11/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business comes with 2 trucks, 1 is a Lincoln Mark LT, the other is an Econoline with glass racks mounted.
Competition
Normal retail competition
Growth & Expansion
Advertising is not currently being done - that would help grow the business Not being properly worked as far as a formal sales program. If a glass cutter buys the business the annual receipts should double.
Support & Training
Training for up to 2 weeks
Reason for Selling
Retiring
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Jim Biehler
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Jim Biehler