Full-Service Glass Company

New England

Full-Service Glass Company

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,700,000





Full-Service Glass Company

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Business Description

Frameless shower enclosures are the Company’s niche product, but it also supplies, fabricates, and installs numerous other glass products. In 2015, revenue was derived from shower glass (65% of sales), mirrors (15%), commercial glazing (12%), and other products (8%). It is dedicated to providing the area’s builders and residents with the highest level of quality, workmanship, and innovation in all of its projects.

Customer markets served are residential construction (60% of 2015 sales), residential remodeling (20%), commercial construction (10%), and municipal facilities (10%) in the area.

The Company operates from a 1,600-square foot commercial space, and is currently staffed by six full-time, non-union employees.

Detailed Information

- Superior Name and Reputation: In business since 2003, the Company is well-established with an excellent reputation, impressive portfolio, and proven track record for quality work and service. - Diversified Customer Base: In 2015, the top five customers as a percentage of revenue collectively contributed only 17% of revenue. A diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. - Dominant Market Share: The Company is the only predominant glass company in the area, giving it a strong competitive edge. - Strong Historical Sales Growth: Revenue grew at a 13.2% CAGR between 2013 and 2015. - Highly Profitable Niche Business: The Company’s 22.2% operating and pre-tax profit margins in 2015 significantly outperformed the industry benchmark’s 6.9%.
Support & Training:
As needed
Reason for Selling:
Pursue other interests

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George Nova

Business Listed By:
George Nova

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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