Long Established High Reputation Specialty Glass Business For Sale

Description

Business type: specialty glass engraving and design business

Location: Toronto, Ontario

Trading history: more than 40 years

Current status: established operating business

Services

• Glass engraving
• Crystal engraving
• Glass and crystal awards
• Glass and crystal repairs
• Custom glass projects
• Specialty design work
• Grinding
• Hand beveling
• Laser work

Revenue mix

Glass and crystal awards: approximately 46.5% of total volume

Glass and crystal repairs: approximately 12.5% of total volume

Interior designer projects: approximately 14% of total volume

Other specialty work: approximately 27% of total volume

Customers

• Corporate clients
• Non-profit organizations
• Interior designers
• Retail stores
• Glass businesses
• Stained glass makers
• Kitchen companies
• Film productions
• Private customers

Annual repeat award orders: established

Repair referrals: established

Direct competition in glass and crystal repairs: stated as minimal

Premises

Facility size: approximately 2,865 sq. ft.

Showroom: included

Office area: included

Street frontage: busy west-end Toronto street

Visibility: strong

On-street parking: free

Loading bay access: available

Lease

Current monthly rent: $4,252

Utilities: included in stated rent

Lease renewal: annual

Landlord relationship: long-standing

Equipment

• Sandblasting equipment
• Grinding equipment
• Hand-beveling equipment
• CO2 laser
• Glass kiln
• Office equipment

Operations

Current operators: 2 owners

Current owner schedule: approximately 3.5 days per week

Website: established

Historical staffing: several full-time employees

Expansion

Additional staffing capacity: available

Growth potential: available

Reason for sale

Owners: preparing for retirement

Transition

Seller training: available

Technical skill transfer: included

Operating technique transfer: included

Machinery: included

Inventory: included

Customer relationships: included in transition

Potential buyers

• Owner-operators
• Glass industry businesses
• Engraving companies
• Awards and recognition businesses
• Design businesses