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.
- Asking Price:
- $1,400,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1,677,457 (CAD)
- Cash Flow:
- $291,219 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
A new lease can be negotiated, the Seller is the land owner
- Leasehold Rent:
-
$48,000 (CAD) per annum
- Location:
-
Located on the busiest thoroughfare in town, with excellent visibility. Minutes from major highways. Surrounded by high density residential neighbourhoods and commercial centres.
- Premises Details:
-
4,500 square feet includes a fully equipped showroom and a warehouse for shipping receiving and manufacturing
Business Operation
- Expansion Potential:
-
There has been no marketing done for years. A new owner/operator has tremendous potential to increase sales and profits
- Competition / Market:
-
This compnay is the market leader. The rare competition to other businesses in the same sector
- Reasons for selling:
-
The Seller wants to retire fully
- Trading hours:
-
8:00am-5:00pm / 5 days a week
- Employees:
- 10
- Years established:
- 1985
Other Information
- Support & training:
-
The current management will stay on to train and insure a smooth transition
- Furniture / Fixtures value:
- $300,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $60,000 (CAD)
