Business To Buy



Business To Buy

Commerical, Residental Glass & Glazing

Central Tennessee, Tennessee
Established in 1971, this commercial, residential glass and glazing company is a privately held “C” Corp and is the leading provider of architectural glass products and glazing services in its market area. The company has relationship with the top glass manufacturers in the U.S. At the end of their fiscal year, March 31, 2008, the company assets were $800,000, which includes land, office and warehouse, equipment, truck fleet and office furniture. The company fabricates it window frames for it project and has the following operating strengths: (1) Established reputation for providing high quality, competitively priced products and services. (2) Excellent long-term customer relationships that can be transferred to new owners. (3) Repeat business from major area contractors. (4) Efficient operations allows company to compete with higher margins than competitors. (5) Geographically located for ease of expanding into three other metropolitan markets. (6) Current backlog of firm orders: 25% of FYE 2008 revenue. The two owners are retiring and believe a younger could easily expand the company's revenue and increase profitability. For further information, please call Mike Togneri 770.487.8055 or visit our website www.vrsatlanta.com

Financials

Price: $1,320,000
Gross Income: $2,200,000
Cash Flow: $314,000
FFE: $331,000
Inventory: $100,000
Real Estate Value: $250,000

About the Business

Office Reference ID: #41412070
Year Established: 1971
Financing: Owner will finance $300,000
Training: 4 Weeks
Facilities: Seller will lease or sale the 8,000 square foot building and real estate.
Competition: Within a 35 mile radius the company is the market leader.
Growth: This business has capacity to expand into three metro areas located approximately 50 miles away.
Business Listed By
Name: Michael Togneri
Company: Neri Capital Partners
Phone: 770-487-0986

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