Incredible opportunity to acquire an established glass company located in the thriving Lower Mainland. Boasting nearly five decades of experience, this business provides quality storefront and curtainwall framing, catering to both commercial and residential new constructions. Services also extend to window replacements, repairing storefront doors, glass, and hardware, as well as the installation of skylights, mirrors, and plexiglass. With a robust history of weathering economic challenges including the 2008 recession and the recent pandemic, the company has not only survived but thrived, demonstrating continuous growth and profitability. The stability of the industry is further accentuated by a loyal base of long-term repeat customers, some of whom span multiple generations.
- Asking Price:
- $1,980,000 (CAD) Inventory / Stock included
- Sales Revenue:
- $2,285,000 (CAD)
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Location:
-
Conveniently located commercial complex on the edge of multiple residential communities and near major routes and highway.
- Premises Details:
-
4,135 sq plus mezzanine office space and 7 parking stalls. The building has been recently updated with new exterior paint.
- Size in square feet:
- 4,135
Business Operation
- Expansion Potential:
-
Reactivate autoglass department- the business has ICBC Vendor # for autoglass
Expand into shower installations and vinyl windows in separate department or new branch
- Reasons for selling:
-
Retirement
- Employees:
- 6 FT, 2 PT
- Years established:
- 1974
Other Information
- Furniture / Fixtures value:
- $132,000 (CAD)
- Inventory / Stock value:
- $50,000 (CAD) - included in the asking price
