Glass Replacements and Glazing Business

A leading provider of quality glass and glazing services on the Northern Beaches and North Shore. They offer comprehensive services ranging from replacing glass and commercial projects and are well known and highly regarded with 37 years history. They have built an excellent reputation for remarkable professionalism, courtesy and efficiency. The business prides itself as being highly results focused with years of experience ensuring their clients are been treated with quality service.  The business has recently entered into a strategic relationship with a major Group and now attends to all their replacement glass repairs within a certain territory on the north shore via these daily referrals. Great cash flow and no bad debts!

Key Features:

  • Good spread of customers including local councils, strata managers, RSL clubs, Hotels.
  • Premises are owned by the current owner with a long lease available ensuring security of tenure and no hassle in having to move to new premises.
  • Current owner is not a glazier – simple and easy business model. Excellent relationships with Suppliers.
  • The owner has increased the customer base through referrals only – minimal marketing has been done.
  • Operates in a service industry that cannot be exported overseas or disrupted by the internet. Furthermore the business is not materially affected by the state of the economy or a change in Govt regulations.
  • 3 full time members of staff who carry out the work. Enormous scope for scalability- huge development of new strata and commercial properties on the North shore is evident.
  • The Vendor is prepared to enter into any reasonable handover period to ensure continuity of the business and to provide security and peace of mind to a new owner

 

  • Current Status: Listed for Sale 
  • Code: RN 605 
  • Category: Non Food 
  • Type: Glass Replacement and Glazing 
  • Location: North Shore 
  • Sales: $720,000 
  • Period: Annual 
  • Net Profit: $180,000 
  • Rent: $45,000 
  • Stock: $25,000 
  • Price: $395,000 
  • Long Financials: Due diligence welcome 
  • Staff:
  • Lease: New lease available