Glass Tempering and Fabrication -(LOI)

Price: $3,750,000

Location: Kings, New York

Industry: Building and Construction

Listing ID: 07212017

Under Contract**
The Company  has been a leader in the GLASS TEMPERING and  FABRICATING business for over 30 years. Their experience allows them to find efficient solutions to the many inquiries their clients present . Excellent reputation through customer satisfaction .

The facility has the ability to temper glass up to 120" X 180" and thickness from 4mm to 19mm or 3/16'' to 3/4''.- The only facility with such ability in the Metro area to the best of their knowledge.

The company provides a variety of precision cutting, edging and machining services including Precision Automatic Cutting, Edging, Flat, Bevel Etc.

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Big order or small , the company strives to offer exceptional service,each glass experience is unique and their knowledgeable staff offers guidance and expertise to make sure each job is tailored to meet specific requirements.

They are best known in the industry for  Oversize Tempering, Storefront, Shower Enclosure, Table top and Insulated Units.

Most sales are direct to Glaciers and other Glass companies.

Modern Machinery and Equipment.

Down Payment: $2,000,000

Gross Revenue: $2,800,000

Cash Flow: $800,000

FFE: $830,000 (Included in price)

Inventory: $200,000 (Included in price)

Reason for Sale:

Retirement

Training & Support:

Seller will train

Year Established: 1982

Year of Last Acquisition: 1982

Days & Hours of Operation: 6

Owner Hours Per Week: 40

Employees: 15

Managers: 1

Monthly Rent: $ 29,000

Square Footage: 17500

Facilities Information:

Stand Alone