25+ Yr Old Glass Glazing Contractor Northern Virginia - $622K EBITDA!
| Cash Flow: | $622,000 |
| EBITDA: | $622,000 |
| Gross Revenue: | $2,340,000 |
Essential Business That Has Grown Year Over Year!
Please copy and paste the link below to sign the NDA:
https://generational.tfaforms.net/4660083?DealID=a1LNw000000FOJn
BUSINESS HIGHLIGHTS
Serving the Washington D.C. Metropolitan area for over 25 years, the Company is a premier provider of complete glass, mirror, and aluminum products and services. The Company offers a wide range of solutions including service and maintenance, new construction and remodeling, emergency commercial glass repair, custom glass whiteboard systems, and more.
The Company stands as a premier partner for property managers and building owners in need of reliable glass service and maintenance. Understanding the urgency that often accompanies glass repair or installation needs, the Company prioritizes prompt communication and always responds to customers within 24 hours or less.
The Company’s unwavering commitment to responsiveness is a cornerstone of the Company’s service philosophy and is a testament to the value the Company places on each client. Service offerings include door and hardware repair, door closures, glass and mirror installation/replacement, glass tabletops, rotan hinges, foggy glass repair, skylight repair, and more.
The Company further specializes in the installation of innovative, custom glass dry erase whiteboard systems, offering one of the quickest and most cost-effective solutions to modernize an office space. Known for their elegance, durability, and contemporary appearance, glass white boards surpass the traditional dry erase boards in both aesthetics and longevity.
INVESTMENT APPEAL
Superior Name and Reputation. The Company enjoys a strong reputation for the quality of the Company’s products and services, expertise, dependability, and superior customer support. The Company is a certified installer of Dynamic Hive (D-Hive) demountable partition systems and well known throughout the DMV for providing quality services and an ability to meet the needs of complex, fast-track projects.
Union Project Capabilities. The Company’s relationship with IUPAT enables the Company to bid on and execute exclusive union projects. This not only sets the Company apart from competitors but also opens up a segment of the market that demands high standards for quality and labor .
Historical Sales Growth. Sales increased by approximately 11.3% during the historical period, rising from $1.7 million in 2021 to $1.9 million in 2023.
Strong Earnings. The Company has experienced strong growth in EBITDA, from $333,000 in 2021 to $524,000 in 2023, representing an increase of 57.4%. The Company’s EBITDA averaged 21.0% of sales during the historical period, but increased to 27.0% in 2023, well above the industry average.
Backlog of Signed Contracts. As of March 2024, the Company possesses a backlog of 9 projects representing approximately $985,000 in remaining revenue under contract. Management indicates that the Company maintains a healthy lead time of roughly three to six months for new project requests, demonstrating a significant demand for the Company’s services and facilitating guaranteed revenue opportunities year over year.
