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15 - Year Collin County Glass & Mirror Company Owner Net $569,377

Collin County, TX

Seller Financing Available
15 - Year Collin County Glass & Mirror Company Owner Net $569,377
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Asking Price: Get Financing: $2,750,000

Cash Flow: $569,377

Gross Revenue: $1,630,240

EBITDA: $569,377

FF&E: $335,000

Inventory: $22,500

Lease Rate: $1,782.32 /Month

Established: 2003

15 - Year Collin County Glass & Mirror Company Owner Net $569,377

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Business Description

Leading North Texas in Glass and Mirror Installation - Revenue $1,630,240

Located in booming Collin County is this well-established full service glass and mirror company. This successful company highly specializes in creating unique and custom projects from beginning to end for its valued clientele. The most popular services include framed and frameless shower door and tub enclosures, glass partitions, glass railings, mirrored walls, vanity mirrors, glass tabletops, shelves, and wine room enclosures.

Examples of other great glass projects include wet bars, bulletproof glass inserts, windbreaks, and custom commercial designs. Mirror projects vary in style and function to include framed, beveled, and antique mirror accents. Sandblasting and etched forms are fun to incorporate into the design as well. Also included are custom glass designs for cabinets, doors, windows, and back painted glass. ShowerGuard Glass and FireLite Glass are popular brands used in these projects.

This company prides itself on implementing the latest industry innovative designs and products, using different methods to secure glass panels…making them better by their unique design! Their motto, “Success is in the details,” is revealed by the exceptional amount of residential and commercial accounts, which are almost entirely gained by repeat customers and word-of-mouth. Service awards have been accrued from Angie’s List Super Service Award, Best of Frisco, and Best of Houzz, etc., coupled with Google Reviews rate this company with 4.9 stars. Exclusive clients include Pizza Hut, Frisco Rough Riders, Nick & Sam’s Wine Room, J. Crew, including several area restaurants and fitness centers.

This business is predominately self-run and sustained. The Owner works light hours weekly, as the employees are well trained and professional. Owner states that the Owner Net of $569,377 can be increased exponentially, as the need for these services is growing in this wealthy and rapidly developing county/DFW Metroplex. The company has been experiencing an 8 - 12% growth each year for the last 15 years. As an added benefit, securing low wholesale pricing on materials from vendors, due to quantity of work commissioned, has helped increase profitability. Additionally, the Website has been re-designed to attract first-time clients searching via Internet. Other venues of advertising are the company vehicle wraps and employee uniforms seen around the metroplex. Owner also greatly enjoys participating as a sponsor in non-profit events around the community. Their booth is a great and lively advertisement.

ABOUT THE AREA - For many years this county has been touted as, “The #1 Place to Live and Rear a Family in America.” Forbes Magazine awarded this city, “Top 10 Best Place to Move.” It was also named, “Fastest Growing” (City’s Website), “Best Family Friendly City”, and “Tree City USA City.” This location is approximately 25 miles northeast of the Dallas/Ft. Worth Airport. Due to these many accolades, several Fortune 500 Companies have moved here and others have made plans to open their headquarters here soon. The population growth is trending in an aggressive upward growth pattern. City planners expect maximum build-out at 350,000 households. Median Household Home Appraisal Value is $353,210. Population census of 2017 indicated 161,170 residents. This is quite the business friendly and family friendly area.

Contact Scot A. Jones Office PH: 214.495.9200 or email Jones@JonesCorporate.com for financial statements and additional information on this company.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,100
Lease Expiration:
1/1/2024
Employees:
10 FT / 1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
TEXAS - Rated #2 for its housing of Fortune 500 companies, edging out California. Texas continues to see an influx of businesses relocating to the state. The Dallas-Fort Worth Metroplex is especially successful in luring large companies to the region. Already home to corporate giants such as AT&T, Frito Lay, and Pizza Hut, Dallas will be the new headquarters for Liberty Mutual Insurance, Fannie Mae, and Toyota. This business friendly/people friendly region is exploding with many competitive advantages creating a growth-oriented environment for businesses.
Financing:
Negotiable
Support & Training:
Owner to provide training to purchaser to secure a proper and complete transition; training to be detailed on the Purchase Agreement.
Reason for Selling:
Relocation out of state to be closer to family
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Scot A. Jones

Business Listed By:
Scot A. Jones

The Jones Group

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