High Growth Commercial Glass & Mirror Business

Business
  • Listing# : 14853
  • Listed Price : $7,495,000
  • Total Sales : $6,945,136
  • SIC : 7699
  • Down Payment : $2,367,500
  • Status : Active
  • Discretionary Earnings : $908,635

Business Type :

Construction / Glass Company; Glass / Glass Win/Drs/Mirrs

Business Description :

Business was founded in 1999 by husband & wife. They believe that creating strong relationships with everyone from general contractors and suppliers to their valued customers is the key to success. The business associations they have established over the years have allowed them to provide their customers with unparalleled service and value. Whatever their commercial glass needs, the team is committed to exceeding their expectations. Founded in 1999 and Incorporated in 2001, this business has the experience and expertise to handle all commercial projects. In fact, their team has nearly 150 years of combined experience behind them. They are also WBE/HUB Certified. Their goal is not simply to manage their customer's next project, but to create a rapport and provide them with a level of quality and service that makes this business unique. The company has a strong backlog of more than $10M of profits that are in work with some projects extending until 2020 and beyond. Projects average over $500,000 each and take several months, on average, to complete.

They specialize in glass, fire rated glazing, curtain walls, storefronts, manual and automatic entrances, hardware, handrails and more. They have the capabilities to customize our products to meet your unique applications and needs. With a variety of options and custom selections, they can design project around functional and aesthetic desires. From design and fabrication to installation, the team can accommodate virtually all commercial glass application needs.

This business boasts a strong, healthy customer base where the bulk of its revenues are spread over a large number of accounts. In fact, its top 5 customers comprise only 46% of its 2018 revenues. It has s strong backlog of WIP (work in progress) of more than $10M that is secured by contracts that extend up to year 2020. This turn-key business opportunity also includes over $2.2M in Accounts Receivables and payables. 






Assets/Liabilities:

    • Accounts Receivable $2,048,969
    • Incl : Yes
    • Real Estate $2,200,000
    • Incl : Yes
    • Inventory $0
    • Incl :
    • Liabilities $49,111
    • Incl : No
    • FF&E $0
    • Incl :
    • Other: $0
    • Incl :
    • Leasehold $2,527
    • Incl : Yes
    • Total Assets $4,251,496
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Construction, Glass