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Listed by:

Beacon

Broker license number: 13224274

Turn Glass Company In The Texas Panhandle For Sale

Potter County, Texas, US
Asking Price:
$795,000 (USD)
Sales Revenue:
$1,010,000 (USD)
Cash Flow:
$281,000 (USD)

Estimated Down Payment: $79,500 (10% of Asking Price)

Looking to participate in the growth of Texas without the big city headaches? This decades old, thriving glass company in the Texas Panhandle that does business from Lubbock to Amarillo and everywhere in between, could be yours!

This long time glass company has been servicing the region showing nice steady growth over the years and has recently surpassed $1,000,000 revenue in 2021. Owner has been increasing supplies and staying ahead of the game because of potential supply side issues. All inventory is included in the sale including multiple trucks and glass racks. The company has a long standing reputation as one with high integrity and quality service at a fair price. Owner is willing to stay on for 3-6 months and also willing to do seller financing.

Property Information

Real Estate:

Lease

Location:

Located in the heart of the Texas Panhandle in Potter County, Texas.

Premises Details:

5000 Square Foot building with high ceilings, and huge mezzanine. Extra storage also. Location has high visibility and good location on main thoroughfare.

Size in square feet:
6,000

Business Operation

Expansion Potential:

With a larger company closing down there is huge opportunity to expand for a more aggressive owner who also is marketing savvy. He has limited himself to mainly residential customers and local general contractors but there is huge upside in the commercial avenue. Owner also believes auto glass could be a big revenue driver which he has not focused on.

Competition / Market:

One of the top companies in his field, he has had to turn down bigger commercial deals because he has been content with steady growth. A bigger company in the region is closing down end of this year.

Reasons for selling:

After decades of running his own business, owner is ready to pass it off.

Employees:
7

Other Information

Support & training:

Owner is happy to stay on for 3-6 months. Currently uses Quick Books with Glaziers Edge software.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

The owner is committed to financing a portion of the transaction.

Related Documents:

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