Listing Number: 11421-705623
Description
This is a unique opportunity to acquire a highly reputable and long-established commercial glazing contractor and wholesale glass supplier located in Central New York. Originally founded in 1940, this family-owned business has been a cornerstone in the local community and a leader in the glazing industry for decades. The current owner, who is seeking retirement, has successfully run the company since 1993, 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 one of the 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.
Listing Details
- Price: $ 3,500,000
- Down Payment: $1,000,000
- Sellers Discretionary Earnings: $ 573,112
- Total Sales: $ 5,560,887
- Location: New York
- Inventory: $ 47,000
- FF&E: $ 400,000
- Employees: 25
- Reason for Selling: Retiring
- Category: Construction