Price:
$
3,250,000
Attention Glazers, Structural Engineers and or Commercial GCs
Attention Glazers, Structural Engineers and or Commercial GCs
Broward County, Florida
$
3,250,000
We are seeking a structural engineer, glazer and or commercial construction GC or project manager for this niche specialty contracting business that designs, fabricates and installs glass skylights for both the renovation and construction of commercial and large residential buildings. Established for over 20-years and with a healthy pipeline of about 50 projects in place, this business operates on about a 50% gross margin. Located within S. Florida, the business focuses on customers throughout the SE USA and Caribbean. The business is fully staffed with management in place, and well equipped with the latest in state-of-the-art manufacturing processes, including 3 product approvals which represent a significant investment and enduring continuity moving forward to the new owner. This business is currently being relocated to a new 15,000 square foot facility, so as to handle the future workload all under one roof. The sellers are offering a long-term transition period and may agree to remain as advisors beyond such period. At the current sales price, it includes $250K in A/R, inventory, FF&E and 3 vehicles. The seller may entertain short-term financing; however, this operation should qualify for SBA financing as well as Visa immigration needs for cash buyers. Prospects MUST have “like-kind” industry experience to be considered by the seller and lenders alike.
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Property Types
Listing Details
Attention Glazers, Structural Engineers and or Commercial GCs
Location:
Broward County, Florida
Down Payment:
$
350000
Down Payment: $ 325000
Sales:
$
3621311
Sellers Discretionary Earnings:
$
698046
Furniture, Fixtures, and Equipment:
$
155100
Rent:
$
18625
Employees:
15
Year Established:
2002
Reason for Selling:
Retirement from Industry
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
We are seeking a structural engineer, glazer and or commercial construction GC or project manager for this niche specialty contracting business that designs, fabricates and installs glass skylights for both the renovation and construction of commercial and large residential buildings. Established for over 20-years and with a healthy pipeline of about 50 projects in place, this business operates on about a 50% gross margin. Located within S. Florida, the business focuses on customers throughout the SE USA and Caribbean. The business is fully staffed with management in place, and well equipped with the latest in state-of-the-art manufacturing processes, including 3 product approvals which represent a significant investment and enduring continuity moving forward to the new owner. This business is currently being relocated to a new 15,000 square foot facility, so as to handle the future workload all under one roof. The sellers are offering a long-term transition period and may agree to remain as advisors beyond such period. At the current sales price, it includes $250K in A/R, inventory, FF&E and 3 vehicles. The seller may entertain short-term financing; however, this operation should qualify for SBA financing as well as Visa immigration needs for cash buyers. Prospects MUST have “like-kind” industry experience to be considered by the seller and lenders alike.
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