Business Overview:
This Northern California based Flat Glass and Mirror Company is a California C-Corporation that has been in business for 68 years and under current ownership for the past 13 years. They specialize in flat glass retail sales, design, and installation. These include things like shower doors, mirrors, frameless shower enclosures, etc.
The US shower glass door market generated $3.188 Billion in 2019, which is expected to rise to $6.782 Billion by 2030, with a market growth rate from 2020 to 203 expected to be 7.5% (CAGR), owing to the rapid urbanization of the US metropolises, expansion of the real estate industry, growth in the tourism and hospitality industry, and increase in the adoption of smart shower glass doors. The frameless category held the larger share in the historical period (2014-2019) and is expected to dominate the US shower glass door market in the coming years as well, based on product type. This would primarily be due to the rising requirement for heavyweight glass and frameless shower door units, which are more expensive than framed doors.
This business is well established and has been in the market for almost 70 years, so it has a large customer database and is known in the construction industry for its quality products. This business also has a custom flat glass fabrication plant located in Northern Nevada, that makes this business vertically integrated. This could be available for purchase as well if of interest to a prospective Buyer.
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Reason for Selling:
The reason for selling is the Seller would like to pursue other interests.
Additional Details:
- The property is owned.
- The owner is not 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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