Very Established Glass Company

Highlights: 
– Business started in 2006

– 13 employees – break down available once NDA is signed
– Owner manages some of the projects and does some estimating
– 90% new construction / 10% remodel

– Examples: Retail shopping centers, medical offices, can go up to 4 stories

– Does some of the fabrication in-house

– 6 vehicles comes with the sale

– Seller doesn’t believe there’s any one client giving him more than 20% of the revenue, so customer concentration shouldn’t be an issue

– Owner will help with qualifying if needed. Very easy license to get
– Leases an office/warehouse

– Has never done advertising. Always just word of mouth and website

– All commercial work, no residential

– Has a deep pipeline for the buyer to walk into. Roughly $5,000,000 currently as of May 17th

– Estimated to do $6,000,000 in 2026  w/ $1,000,000+ net profit

– Seller will stay on for 6 months to help with transition if needed

– Seller is retiring

From Tax Return:

2025: Gross: $5,575,484

Addbacks: 

Compensation of officers: $179,903

Interest: $3,308

Depreciation: $22,753

Ordinary business income: $854,123

Adjusted net income for 2025: $1,060,087

From Tax Return: 

2024: Gross: $9,634,929

Addbacks:

Compensation of officers: $222,737

Interest: $3,008

Depreciation: $48,967

Ordinary business income: $2,139,077

Adjusted net income for 2024: $2,413,789

From Tax Return: 

2023: Gross: $6,047,085

Addbacks:

Compensation of officers: $83,500

Interest: $5,898

Depreciation: $81,595

Ordinary business income: $408,028

Adjusted net income for 2023: $579,021