Full-Service Glass and Glazing Construction Firm
| Gross Revenue: | $5,938,878 |
| EBITDA: | $506,473 |
Description:
The company is a glass and glazing construction company that specializes in the distribution and installation of high-end windows, doors, and storefront products.
Key Aspects:
• Revenue has grown at a compound annual growth rate (CAGR) of 60.8% from 2020 through 2023
• Adjusted EBITDA margin of 11.1% from 2021 through 2023
• Average gross profit margin of 18.5% from 2020 through 2023
• As of March 2024, management estimates $5.1M of backlog expected to be completed in 2024
• Longstanding engagements with high-end home builders that have a strong market position in its region
• Strong vendor connections with a reliable supply chain network
• 90% client retention rate
Opportunities:
• Capitalize on the expanding construction market within the Southeast US
• Implement new marketing campaigns to reach larger segments of the residential and commercial markets
• Geographic expansion into new regions of the Southeast US to increase market share
• Expand on storefront product offerings to better serve commercial customers
Headquartered:
• Southeast US
Current Markets:
• The company primarily serves commercial (70%) and residential (30%) customers
Real Estate:
• The company operates from a 1,500 sq. ft. facility used as an office location with 1,000 sq. ft. in additional storage units. The facilities are leased from an unrelated third party.
Shareholder Ownership:
• The company is owned by two shareholders who are looking to retire. They would be willing to remain with new management for a predetermined transition period.
