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Executive Business Brokers

Commercial And Auto Glass In Hudson County For Sale

Hudson County, New Jersey, US
Asking Price:
$1,000,000 (USD)
Sales Revenue:
$1,600,000 (USD)
Cash Flow:
$208,128 (USD)

Well established Glass and Glazing business located in Hudson County. In business for 40 years under founders and still the current owners. Great opportunity for owner operator(s). This is a fragmented industry in which private and family-run operators are successfully running profitable businesses. Seller willing to stay on to train new owners. This business started as an auto/windshield glass replacement business. It added commercial glass replacement services and new construction. The commercial business now represents 65% of sales revenue at high margins. Auto glass revenue comes from relationships with auto dealerships across the state and corporate relationships with Penske Automotive (who consults with auto dealerships nationwide) and recommends owners for dealership construction and refurbishment. Additional commercial work comes from relationships with Redcom Design & Construction (Westfield), in the River Terminal Development in S. Kearny, Gotham West in Jersey City, Hugo Neu Realty Corp in NYC.

Business Operation

Expansion Potential:

Leverage Existing Customer Bases:
1) Real Estate Developers/Rehabilitators
Reach out to "value-added" real estate developers who are transforming and converting existing, yet functionally obsolete industrial parks and individuals buildings, into state-of-the-art multi-tenant offices, warehouses, and distribution facilities.

2)Automotive Dealerships:
Capitalize on the relationship with Penske (consultants to the automotive dealership industry) to increase the work upgrading automotive dealerships that are improving their external and internal appearance and functionally with decorative and functional glass, including skylights.
Identify and approach additional auto dealerships starting with those brands that are current customers, and expanding to all auto dealerships in a reasonable radius.
3) Internet-Based Lead Generation
Build a web presence by developing a 国彩网官方网站 page and leveraging Google ads and search engine optimization to generate inbound leads.

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 8am-4:30pm

Employees:
8
Years established:
1980

Other Information

Support & training:

Owners will stay on for suitable training and transition

Contact Information

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