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Located just off major N-S and E-W highways, the business operates out of a 2,950 sq ft building which is available for lease or purchase, includes show room for drive-by traffic, sales and management offices and shop for fabricating glass and aluminum framing.
The number of glass companies in Connecticut gets smaller year after year, but this seventy-year-old, highly profitable window and glass company is not going anywhere. The owner is looking ahead to retirement, but remains active in the business. We are offering this business for a reasonable ~2X multiple of high-quality earnings.
Steady recurring business comes from 70 year reputation in the marketplace with government, commercial and residential window and glass clients. At present, advertising expenditures are minimal to generate $1.8mm in revenues and $251K in SDE.
Mon-Fri 8am-5pm; Sat 8am-12pm
Will train for 4 weeks @ no cost. The business is focused on the Commercial window & glass market (75% of revenues). 25% of revenues are from residential work, including custom frameless tub and shower enclosures, custom mirrors. Approximately 25% of the business's revenues are generated by valuable long-term maintenance contracts from large commercial clients.
Owner approaching retirement. Finding the right strategic buyer is part of the Seller’s longer-term Exit Strategy. This highly profitable business is here to stay.