Xcllusive Business Sales Phone : 02 9817 **** Xcllusive Business Sales
02 98 ****

Glazing Business, Very Profitable. CAN BE RUN UNDER MANAGEMENT - NSW

Listing Id : 252556

Location : New South Wales

Category : Building and Construction, Manufacturing and Industrial

Asking Price : 750,000

Business description

Business ID: BS9735 T/O $1.345M p.a. Owner's Income $452,000. Sale Price $750,000. Return after owner's wages 37.6% gross. The business was first established 33 years ago and is now one of the foremost residential and commercial glaziers in its area of operation on the fringes of Sydney. It is the preferred local supplier for national contractors like Express Glass, G&M Glass as well as undertaking work for the Local Council, Schools, Westfield Shopping Centre, Banks, Clubs and Coles and Woolworths supermarkets. In addition, the company has relationships with many strata agents for replacement services to apartment blocks, retirement homes and insurance companies. -Established 33 years -Premier Glazier in the region -Profitable History -High Margin Business -Secure Lease -Great Growth Potential -Huge Demand THIS BUSINESS HAS PROVIDED THE TWO OWNERS WELL OVER $400,000 OF INCOME PER YEAR ON AVERAGE OVER THE LAST FOUR YEARS. A SINGLE OWNER COULD PUT IN A MANAGER AT $100,000 AND RETAIN $300,000 PLUS. One of the owners is prepared to remain and manage the business for two years if required. This is a secure business as glass replacement is a necessity not subject to the ups and downs of the economy. The business is a leader in its local area and presently turns business away so it can be grown substantially. Asking Price: $750,000 for the assets and goodwill of the business. Stock is not included and averages around the $40,000 at cost value

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