SOLD! Long Standing Reputable Glass and Glazing Company For Sale – Northern Beaches Sydney
Owner annual income approximately $250k+ Sale Price $297k
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Type: B
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SOLD! Long Standing Reputable Glass and Glazing Company For Sale – Northern Beaches Sydney
Established by the owner in 1999 this business has continued to grow. The business provides a full range of glazing requirements including glass repairs, glass replacement and glass installation between Manly and Palm Beach.
The business offers specialty glass installation including glass roofs, pool fencing, shower screens, mirror work, glass balustrades. They specialise in fast glass replacement including ‘board ups’ to residential and commercial properties.
The business predominantly supplies and installs to the Northern Beaches area from its premises using its own employees to undertake the measure, quote and installation.
The business operates a very simple business model, which according to the present owner makes it easy to manage, keeps costs to a minimum, and is appreciated by the customers receiving good old fashioned service.
The business premises are well located with easy access. The area is also attractive as it is close to public transport and easily accessible by a large skilled labour force on the Northern Beaches.
The business currently employs four staff on a full time basis.
Business Highlights
- The business has shown strong financial growth
- Highest quality products with commitment to customer service
- Strong culture within with good staff retention
- Good spread of clients
- High level of repeat customers
- Business is fully systemised
- Potential to run partially or fully under management
- Holds a good reputation
- Extensive Policy and Procedures manual
The owner will to provide training as required to assist the new owner in the learning of the business operations.
This business in its current state without any increase in advertising or sales based on current year performance should create an annual income for the owner operator of around $258,819.
Based on these figures the business has a return of investment of approximately one year based on current earnings.
Sale price of $297,000 includes equipment, fixtures and fittings, stock and goodwill.
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