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Long Established High Reputation Specialty Glass Business For Sale

Toronto, Ontario, Canada, ID 152106

Long Established High Reputation Specialty Glass Business For Sale 1
Long Established High Reputation Specialty Glass Business For Sale 1
Asking price:
CAD $250 000
Cash Flow (per year): $92 000 cad
Sales Revenue: $240 000 cad
Owner
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Description

Established Specialty Glass Engraving and Design Business – Toronto Excellent opportunity for an owner-operator seeking an independent, hands-on business. Founded and operated by the current owners for over 40 years, the company has built a strong reputation for specialty expertise and high-quality craftsmanship. This acquisition is also well suited to an established company looking to expand its product line and customer base. Skills in engraving, design and repair would complement businesses in the glass industry, engraving, awards and recognition, or design arts. The company operates within a niche custom glass sector with limited competition. Areas of Business * Glass and crystal awards for corporate and non-profit clients, including high-end short runs and repeat annual orders, representing approximately 46.5% of total volume * Glass and crystal repairs with virtually no direct competition, generating ongoing referrals from retail stores, glass businesses and private customers, accounting for approximately 12.5% of volume * Custom projects for interior designers, representing approximately 14% of volume * Specialty work for glass companies, stained glass makers, kitchen companies, film productions, direct public clients and others, accounting for approximately 27% of volume Premises Approximately 2,865 sq ft facility equipped with sandblasting, grinding and hand-beveling machinery, CO2 laser, glass kiln and full office equipment. The space includes showroom and office areas. Lease renewed annually with a stable long-term landlord. The premises front onto a busy west-end Toronto street with strong visibility and free on-street parking, along with direct access to a building loading bay. Current rent is $4,252 per month including utilities. Additional Information Long-established website in place. The business is currently operated by the two owners working three and a half days per week as they prepare for retirement. Historically, the company supported several full-time employees and offers significant scope for expansion. Transition Owners are prepared to provide a comprehensive training period and transfer all skills, techniques, machinery, inventory and established customer relationships to ensure continuity.

Details

Real Estate: Lease
Reason for selling: Retirement
Support from seller: Consultancy available
Square m2: 266.17
Asking price: 250 000 cad
Cash Flow (per year): 92 000 cad
Sales Revenue: 240 000 cad
Rent (per year): 4 252 cad

Furniture, Fixtures, & Equipment included in asking price

100000

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