6501-12765 Glass Installation Company

Undisclosed Address, Oklahoma
Business Opportunity for Sale
Catylist Listing ID: 30034639
Property Subtypes: Personal
Building Size (RSF): See Agent
Sale Price: $420,000
Year Business Established: 1990
Gross Revenue: $784,519 (Annual)
Cash Flow: $263,549 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

This is a growing full service glass company offering products for business, auto and home in a growing town in North West Oklahoma. Founded in 1990, the revenue split is about $12% residential, 38% auto and 50% commercial. The vast majority of work is sourced within the county but extends up to 90 miles. The business specializes in windshields, door glass replacement, window tinting, sunroofs, custom wall mirrors, beveled mirrors, furniture tops, thermo-pane, custom shower enclosures, bullet resistant glass, plexiglass, lexan kawner storefronts, aluminum entrance ways and store front specialists.

Additional Details

Industry Segment: Other Personal Prod. and Services
Reason for Selling: Owner wants to retire.
Value of Inventory Included ($): $23,577
Value of Furniture, Fixtures, and Equipment ($): $70,950
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: The business is located in North West Oklahoma. The facility is a free-standing building that consists of approximately 600 square feet of office space and 1,300 square feet of shop space on a 50’ X 150” commercially zoned lot in the downtown of the city. There is also a staging area and parking area. The facility has easy access, good visibility, and is operated Monday-Friday from 8:00 to 5:00 and management estimates it’s operating at 75% of capacity or less. The real estate is owned and offered separately from the business for $80,000.00. The owners are willing to sell the property or lease the property to the new owner.
Employee/Labor Description: 4 FT Monday-Friday 8am-5pm
Mgmt/Training Support Description: Will train for 2 weeks @ no cost. There are special skills and licenses required to operate this business.
Competition/Market Description: There is very little competition. The closest competitor is 90 miles away.
Growth/Expansion Opportunities: There is an excellent opportunity to grow especially home and residential glass and glass replacement. Currently the company has 2 trucks running daily but given the demand for services it could easily expand to 4 immediately.

Demographic Statistics

Proximity: 5 miles
Total Population: 1,999
Median Age: 43.76
Households: 794

Contact

Photograph of Listing Agent

David Hamm

Murphy Business & Financial Corporation
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.