Price:
$
3,450,000
80 y/o Glass and Glazing in Central NY | RE Included
80 y/o Glass and Glazing in Central NY | RE Included
New York
$
3,450,000
This is a unique opportunity to acquire a highly reputable and long-established commercial glazing contractor and wholesale glass supplier located in Central New York. Originally founded in 1940, this family-owned business has been a cornerstone in the local community and a leader in the glazing industry for decades. The current owner, who is seeking retirement, has successfully run the company since 1993, ensuring a solid foundation and a legacy of quality and reliability. Renowned for its comprehensive range of services, the business excels in commercial contract glazing, wholesale glass distribution, and residential glazing services. The company holds a unique position in the market as the one of the local glass contractor that inventories glass, establishing it as a critical supplier to many regional competitors. This key advantage, coupled with the company's products, positions it as a leader in the industry. $950,000 value of real estate is included in the asking price.
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Listing Details
80 y/o Glass and Glazing in Central NY | RE Included
Location:
New York
Down Payment:
$
1000000
Down Payment: $ 345000
Sales:
$
5560887
Sellers Discretionary Earnings:
$
650000
Furniture, Fixtures, and Equipment:
$
400000
Employees:
25
Reason for Selling:
Retiring
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
This is a unique opportunity to acquire a highly reputable and long-established commercial glazing contractor and wholesale glass supplier located in Central New York. Originally founded in 1940, this family-owned business has been a cornerstone in the local community and a leader in the glazing industry for decades. The current owner, who is seeking retirement, has successfully run the company since 1993, ensuring a solid foundation and a legacy of quality and reliability. Renowned for its comprehensive range of services, the business excels in commercial contract glazing, wholesale glass distribution, and residential glazing services. The company holds a unique position in the market as the one of the local glass contractor that inventories glass, establishing it as a critical supplier to many regional competitors. This key advantage, coupled with the company's products, positions it as a leader in the industry. $950,000 value of real estate is included in the asking price.
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