This Company is an established glass contractor and wholesaler that fabricates, installs, and distributes commercial glass products. The Company services corporate offices, schools, municipalities, and healthcare centers and works with several highly recognizable construction companies and Fortune 500 corporations.
The Company routinely wins projects due to its reputation for high quality and timely work, which is largely driven by its experienced workforce that features an average tenure of 15+ years. The employee base is highly dedicated to the success of the Company and features vast industry experience. It features a strong management team and steady access to labor through an apprentice program. Through increased participation in out-of-state and out-state work and an expanded distribution network, the Company envisions substantial opportunities for growth.
On average, most of the Company’s projects fall in the $100K-$500K range; however, it can complete projects up to $10M in size. In addition to the Company’s contracting abilities, it has a wholesale distribution segment, which accounts for nearly 20% of total revenue. The Company maintains strong relationships with its general contractor customers, many of which have worked with the Company for 20+ years. The Company presently has a $10M+ backlog of work which is the highest in Company history, including a $7M multi-year project. Based on this outlook, ownership is excited about the Company’s future and projects consistent growth over the coming years.
The owner is active in daily operations and wishes to transition from the Company to pursue retirement. Ownership is willing to provide reasonable and customary transition assistance following a sale. The Company operates out of 3 buildings totaling 20,400 square feet located on the same parcel of land. Ownership would prefer to sell the real estate alongside the Business; however, they are open to leasing the facility under the right circumstances.
