Glass & Glazing Installation & Fabrication Company

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Profitable Glass & Glazing Fabrication With Strong Asset Base
Asking Price:
 Not Disclosed

Gross Revenue:
$2,000,000
Cash Flow:
$350,000
EBITDA:
$200,000
Inventory:
$50,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Founded in 1991, the Company is an installer of store front glass, mirrors, tabletops, and glazing based in the Southeast region. The Company serves as a distributor of Kawneer Aluminum storefront, doors, frames, sliding doors, and hardware. The Company relies on local advertising, word-of-mouth, and referrals to generate business. Since inception, the Company has established an extensive network of contacts in numerous industries. The Company’s partners participate in direct selling activities with new and large account development, including active participation in professional organizations and building a network of clients. In 2017, revenues were comprised of wholesale accounts (60%) and retail (40%).

The Company utilizes a standard pricing strategy based on a target gross profit range of 50%. Large, long-standing customer relationships (projects) often benefit from volume discounts while one-time, smaller volume purchases typically command better margins. Moreover, orders of bard-to-find items and/or requiring fast turnaround will command margins in the higher end of the range, irrespective of the customer relationship. The Company operates from a leased (shareholder-owned) 15,000 square foot office and shop located in the Southeast. The staff totals 14 full-time employees, including 2 active principals.

About the Business

Year Established:
1991
Number of Employees:
14
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About the Sale

Reason For Selling:
Exit planning for retirement

Listing Info

ID:
1485599
Ad Detail Views:
201

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Business Listed by

Mario Dieckmann

Generational Equity, LLC
License# BK3229828

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Sponsoring Broker:

Lisa Lippe
Generational Equity, LLC


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