Florida Buisness for sale

Listing BBF-117214325: Construction|Glass Company

General Location: Broward County
Asking Price: $1,900,000
Annual Gross Sales: $1,880,203
Owner Benefit:
(Net Profit + Owner Salary)
Business Description

This company specializes in the design, fabrication and installation of frame-less shower doors, glass and mirrors. Services both residential and commercial clients in the South Florida marketplace as well as some offshore islands. Their focus is solely based on these products, which means they have the knowledge and ability to service customers like few others in the glass business. Company has been experiencing tremendous growth and is now looking to expand by adding in house tempered glass to their clients as well as the industry. Company sales grew this past year, even with a six week shutdown due to the Pandemic, Please submit NDA, Buyer Profile & PFS.

The SBA is waiving the guarantee fee to all borrowers until 9/30/21. For loans over $150,000, this fee ranges from 3% to 3.75% of the guaranteed amount.  The SBA Principal and Interest Subsidy for new borrowers is back! The SBA will pay for three months of principal and interest (up to $9,000 per month) for loans approved between 2/1/2021 and 9/30/2021. Section 278 (C) makes these subsidy payments not taxable.

The SBA guaranteed loan must be approved by the SBA before 9/30/2021, or earlier if funds run out. Note, this doesn’t change the down payment requirements but reduces the amount of risk the lender holds with the loan, potentially enabling loans to qualify that might not otherwise have

Number of Employees: 13 FT, 1 Mgrs
Established in: 2011
Owner Financing Provided: Information Not Provided
Training Provided by Owner: 4 weeks
Is Business Re-locatable: No
Reason For Selling: Other Interests.



Contact Information: The following company and/or agent is a licensed real estate broker/and or a business broker.
Name: Denis Berger
Phone: Information Not Provided

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