High Growth Commercial Glass & Mirror Business

Not Disclosed, TX
Tarrant County

Tarrant County

Asking Price: Annual Revenue:
$7,495,000 $6,945,136

Services: Construction, Contractors

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RE: High Growth Commercial Glass & Mirror Business Broker: Douglas Batts
Owner Financing is Available!
$2,367,500 Down / $749,500 for 48 months @ 7.5% with Other Financing.

Quick Facts

Asking Price: $7,495,000
Annual Revenue: $6,945,136
Net Profit: Not Disclosed
Cash Flow: $908,635
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,200,000
Year Established: 1999
Employees: 25
BBN Listing #: 84524955
Broker Reference #: 6008-14853

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Business Overview:

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.

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Property Features and Assets:

This 25,189 square feet real estate portfolio consists of three buildings, including a 4,464 square feet Corporate office (2019 construction), and two warehouses that house inventory and fabrication activities of 9,525 square feet and 11,200 square feet. Total Assets Included: $4,251,496.

Market Competition and Expansion:

This is a premiere glass and mirror business that enjoys strong referral and repeat business based on its performance on completed project engagements. They win a significant number of the projects that they bid. Business does virtually no advertising nor marketing and relies on word of mouth referrals and repeat business. They spend less than $500 in marketing in 2018. The addition fo a sales function should drive increased revenues and cashflow for the company and will compliment the strong referral business related revenue. In inside sales function should help increase penetration of existing customers by proactively seeking additional business and referrals from their existing customer base. An outside sales function should help increase the company's profile, visibility and appeal to perspective new customers.

Reason for Selling:

Owners are Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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