1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Mfg Businesses
Business for Sale Summary

Glass Converter for Sale in Middlesex County, NJ - 30409

Business Type: construction building,construction heavy,misc. construction/non-classifiable,construction special trades,mfg businesses
Owner Financing
Glass Converter for Sale in Middlesex County, NJ
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 203 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $550,000 Down Payment $300,000
Gross Revenues $663,000 Lease Remaining Register Free to View
Owner’s Cash Flow $283,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and Balance at 5% over 5 years

Business Description

Located in Middlesex County, New Jersey, this 29-year old converter cuts sheets of glass, plexiglass, plastic, and acrylic to size to suit homeowners and building renovation, rehab and remodeling construction companies. The finished product is typically used to provide frameless bathroom shower doors. They also cut and frame storefront windows and doors. These two end uses represent their largest sources of revenue. Additionally, they will measure, fabricate, and install residential and commercial windows of any size and shape and they are well known for cutting table top glass, mirrors for the walls, glass and mirrors for picture frames, etc., etc., anything to do with flat glass. They will typically go out to the site to measure, fabricate and install the finished product. This is a family owned business started in 1996 with father and son and when father retired in 2010, the 2nd son joined in. Their business has grown organically without advertising since 2010 and they have a high reputation with a large base of remodeling contractors and repeat customers and have grown mostly by word of mouth. They are located in a 6,000 s/f warehouse where they have considerable capacity to grow their existing business or add a showroom, and they have the equipment to cut and shape all sorts of floor and counter tile and/or the space to become a major wholesale glass and tile distributor. Ideally located in Central Jersey near major highways, this is a good business with the capacity to become a very significant business. They operate with six people; one brother and a helper will go out to measure the job and do the installations and the other brother and three helpers will handle the material and cut or bevel the glass. The cutting process is very simple, and all are trained to cut or install. The Sellers will only service those builders and homeowners who pay upon completion thus avoiding tract developers and the bulk of the commercial building market. Despite the self-imposed limitation, their business has continued to grow year after year. The Pandemic has not slowed them down; indeed, they now have a considerable backlog. The Sellers are at the end of their careers and wish to return to their country of origin. For more information, please contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers, at 1-646-269-4616. .

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.