Glass and Glazing Business - South Sydney

Business ID: BS148878

Well Established and Profitable. T/O 1.3M p.a. Owners Income $366,000 p.a. 40 % Gross Return!!!

Established over 45 years ago this is a consistently PROFITABLE and RESILIENT business that has remained secure during COVID and all the other economic and weather obstacles that have occurred over both past and recent times. The business is a glass and glazing specialist, offering all types of clear and decorative glass, mirrors, and aluminum framing, as well as cutting and polishing services. The majority of the business is commercial, with most of the residential coming from Strata Managers. Due to its long-standing reputation for quality work at reasonable prices, the company has a high degree of repeat and referred business.

-Established over 40 years
-Resilient and Secure
-Repeat and Referral Business
-Cash Payment Terms
-High Margins
-History of Profits
-No Marketing required
-Good growth potential
-Simple to Management
-No Sales Force required

The owners are happy to train a new buyer and there is the possibility that one of the owners who is a glazier will remain with the business if the new owner so requires, on terms to be agreed.

Suitable for a husband and wife team or an investor as one of the present owners is willing to remain on as an employee.

Asking Price: $698,000 for the assets and good will, stock is not included and will be valued at cost as at the date of settlement. It is currently estimated at approximately $100,000.

Property Code: 2696