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Residential, Auto, and Commercial Glass Company in SE Wisconsin

Southeastern Wisconsin, Wisconsin (Walworth County)

Services - Miscellaneous Repair | Services - Auto Repair, Parts & Svcs

$Seller Financing Available

Asking Price $229,000 Inventory  
Gross Income $181,256 Real Estate  
Cash Flow $73,676 Year Established 1984
FF&E N/A Employees N/A

* included in the asking price

** not included in the asking price

Successful, tenured full-service glass company ready for new owner to take it to the next level. Current owner has built a strong reputation for quality, safety, and service over his twenty-five years in business. Commercial services include storefronts and entranceways, door replacement, shelving and more. Residential services cover cracked glass, failed seals, table tops, mirrors, beveled glass and custom applications. Auto applications include insurance-approved work orders, and emergency services cover all areas.

Facilities: The approximately 2000 square foot space occupied by Whitewater Glass is leased at a rate of $1200/month. Facilities include an oil-burning furnace and radon heat. There is opportunity to expand operations into an adjacent 1200 square foot space in the same building for an additional $600/month or the business could be moved.

Competition: Great, loyal following. Current market consists of the immediate vicinity to a 25-mile circumference. Customers consist of local businesses, year-round and seasonal residents, and insurance companies. Hours could be expanded, or the new owner could continue to work on an as needed or emergency basis beyond regular hours.

Growth/Expansion: Current market consists of the immediate vicinity to a circumference of approximately 25 miles outside the store location. Customers consist of local businesses, year-round and seasonal residents, and insurance companies. This company does not currently utilize a Website or Internet marketing to generate new business. Creating a website and keeping it up to date could keep regular customers informed of specials and attract new business within and outside the immediate community. Since current marketing is limited to the Yellow Pages, additional mar

Seller Financing Available: Yes

Financing: Most businesses qualify for 401K/IRA funding w/o penalty.

Support/Training: 4 weeks of training immediately following closing. The training will be for 5 days per week, with a maximum of 8 hours per day, at no charge to Purchaser. Consulting available for a period of 3 months following the training period. Consulting can be performed in person or by telephone.

Reason Selling: Owner wants to focus on his other business.

Business For Sale By

Tim Bullard

262-347-2083

VR Business Brokers

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