The owner is seeking retirement from his profitable company of 46 years. Based in Eau Claire, WI, the company performs work in a 100-mile radius. The company specializes in commercial glass and glazing with general contractors, building owners and property managers as their commercial customers. The company is non-union and is an S-Corp. Approximately 95% of the revenue is made up of commercial glass and glazing projects, 5% residential. Company has multiple glazing vehicles, metal and door fabrication equipment, and a straight-line glass edger. The glass and metal plant comprises 7000 SF with 2500 SF of office inclusive in the 7000 SF. The plant has multiple drive-in bays and is laid out efficiently for loading, unloading, glass/storefront/punched opening/curtainwall fabrication. The owner is willing to lease back the facility for $3,197 per month including CAM or $38,364 annually.
The owner oversees all operations and performs some estimating and project management responsibilities. Suppliers include, but are not limited to Tubelite, CMI Architectural, YKK, WR Ringheim, Custom Glass Products, Northwestern Glass Fab, and Lenoir Mirror.
The company has enjoyed consistent growth and profitability over 46 years and is highly regarded in the marketplace.
Tremendous growth opportunities exist as the owner has intentionally governed its growth over the decades. SBA financing with a $114,400 down payment.
Sunbelt Listing ID: 52568