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The business a high-end glazer providing customized design and engineering solutions to contractors and property owners. With decades of experience, they can do things that others say are impossible. Founded in 1955, it was purchased by the current owners in 1994. The company began taking on bigger jobs, hired more people and became more technologically savvy. They added 3D shop drawings and high-tech machinery to their wheelhouse to be able to create custom designs for their customers. They are now one of the most respected architectural glass companies in the Los Angeles area, the go-to shop for top builders and designers. Products/services range from completely out of the box custom design projects to installation of standard glazing needs such as, shower doors, windows, doors etc. Most of their work custom, therefore it hard to provide a breakdown of each product. The cost of the project changes depending on the material used. The company's custom products and services blow their competition out of the water. They have built a reputation for their work by developing innovative new ways to design one-of-a-kind construction.
The business has 2 locations. The first location 1800 sq. feet and the 2nd location, with corporate offices, has a 4500 sq. ft. building and an 8000 sq. ft. lot. Both locations are leased. Monthly payment for location 1 $1,976 and the location 2 monthly payment $6,000. Both locations are operating at capacity.
The owner would like to retire and spend time with family.
Finding a proper replacement for the owner will be the key objective in a successful transition. The right person will be able to read engineering drawings and plans, understand the construction industry as well as business operations. The new owner will be rewarded with a strong and highly profitable company with tons of growth potential. The present owner will be willing to stay on in a consultative capacity, if desired, to help assure the new owner of continued success.
For a qualified buyer, a note for $175,000 will be carried for 36 months with payments of $5,368.58 payable monthly, including interest at 6.5%
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