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Los Angeles

  • Listing No.: 106-20083

  • Category: Construction

Asking Price $1,990,000
Down Payment $1,500,000
Gross Revenue $3,039,172
Total Adjusted Net Income $580,337
Equipment / Fixtures $509,000
Year Established 1955
General Location Los Angeles
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This high-end specialty glass contractor caters to luxury homes of the high net worth individuals in Los Angeles and Southern California. The customers care more about quality and good workmanship, and the projects command high budgets and high profit margins. The seller states that, at any given time, the business has over $3,000,000 worth of signed and unbilled contracts in the pipeline. The seller properly trained the employees so that the projects can run without him with minimum supervision. The seller books are accurate but complex. Industry experience is preferred. For the right buyer, generous transition training will be available. For more information, please contact Satoshi Kanuma at 714-420-4097.

Gross Revenue $3,039,172 Listed Price $1,990,000
Total Income $580,337 Down Payment $1,500,000
Base Rent Square Feet 8000
Total Rent $14,000 Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements $300,000
Equipment / Fixtures $509,000 Other Assets
Full-Time Employees 18 Training Period 3 Months
Part-Time Employees 2 Special License Required C17 Contractor License
Contract Staff Reason for Selling Partner Dispute

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.