Price Reduced! 77-Year-Old Glass Business Including Real Estate
| Asking Price: | $144,000 |
| Gross Revenue: | $180,000 |
| Rent: | $416.67 |
| Established Year: | 1945 |
| Cash Flow: | $60,000 |
| Inventory: | $1,000 |
| FF&E: | $18,500 |
A Great Bolt On or One Man Opportunity!
Since its founding in 1945, this business has operated from the same location. Currently using only a word-of-mouth strategy, the ability for rapid growth is available to an ambitious new owner/operator. The business would greatly benefit by starting a social media and digital footprint. An ideal buyer would be an energetic individual or GC looking to control a vital piece of their supply chain.
Originally started by Mr. Maker in 1945, passed on to his son, then purchased by Steve Wingfield (current owner). Has operated out of same building technically beginning at 1414 East Noble Avenue servicing only residential. In past 17 years Steve has purchased adjacent 1416 East Noble Avenue property and built a substantial commercial client book.
Per Steve the future is bright as he simply "does not have the energy" as of recent. He is the only local business serving this need in Logan County being word-of-mouth only. Within the Guthrie local community and surrounding area Maker's Glass Inc. is known as "the place" to go. Due to his personal style he admits to letting business go as he does not solicit, spend energy marketing, etc. keeping his head down working.
For an ambitious buyer there is no ceiling given Steve's admitting to no marketing efforts, coupled with his personality.
Owns both 1414 (garage) and 1416 (formal work space)
