Attention Glazers, Structural Engineers and or Commercial GCs

Listing Number: 0101-310036

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.

Listing Details

• Price: $3,250,000
• Down Payment: $350,000
• Sellers Discretionary Earnings: $698,046
• Total Sales: $3,621,311
• Location: Broward County, Florida


• Inventory: $74,600
• FF&E: $155,100
• Employees: 15
• Year Established: 2002
• Reason for Selling: Retirement from Industry
• Category: Construction