Commercial Glass and Glazing with 85% Repeat clients for sale in Phoenix, AZ

Business Summary:
This prominent commercial glass and glazing company,based in Phoenix Arizona, has been providing services totheir business-to-business client base for 13 years. Theclients are not the end user but rather the general contractor.They boast an 85% repeat base. The focus of their work is onhospitals, car dealerships, schools and large office parks -there is no residential clients. They have a spacious 7,700square foot facility with a large shop for fabrication alongsidefurnished offices. The staff includes 4 in leadership and 2estimators, along with 14 laborer’s, installers, and glazers.The owner is willing to stay on board for 2-4 years whilesettling into retirement. The purchase also comes with thenecessary amount of vehicles, equipment, and workingcapital which can range from $500K - $700K.Priced at $3,300,000, a 10% down payment of $330,000 willreturn $310,823 in the first year after debt payments. Theseller has offered to carry 10% of the purchase price in orderto show their vested interest in the continued success of thebusiness moving forward. In terms of growth, their strategyincludes hiring more staff and expanding into the residentialsector. The proposed expansion into the residential sectorrepresents a significant shift in strategy, potentially openingup new revenue streams.