Issue link: http://deals.uberflip.com/i/1533896
Glass and Mirror Products and Repair Services #68381 Sign NDA ► Location: California 2024 Est. Revenue $4,100,000 2024 Est. EBITDA $774,000 DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. James R. Hermann Senior Managing Director - M&A Email: jhermann@generational.com Office: 972-908-0770 Generational Equity, LLC 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS This outstanding acquisition opportunity is for a Company that provides glass/mirror products and repair services. The Company is well-established, having been in business for over 7 decades. It is has an outstanding reputation for quality work and client service. The Company serves Contractors (40% of 2023 sales), Property Managers (35%), and Homeowners (25%). Its sales come primarily from Service & Repairs (70%), Installations (20%) and OTC Sales (10%). INVESTMENT BANK OF THE YEAR 2017 - 2018 - 2022 INVESTMENT APPEAL • Superior Name & Reputation — The Company enjoys strong ties to clients and has an outstanding reputation for quality work and client service. Its top five clients have been working with the Company for between 22 years to 43 years. • Family Business — Opportunities for Companies that have been owned and run by families for generations are outstanding acquisition opportunities due to having an established track record and strong relationships in the community. The current shareholder is a third generation owner with decades of experience in the industry and is open to remaining for a transition period and as a consultant for a longer term if needed. • Rising Growth Profit Trend — Throughout the historical period, gross profit increased from 59.8% of sales in 2021 to 71.4% of sales by the end of 2023. The Company has been able to efficiently control cost of sales after high growth, demonstrating an ability to maximize profitability potential. • Strong Earnings — The Company has experienced strong growth in EBIT, from $484,000 in 2021 to $648,000 in 2023, representing a compound annual growth rate of 15.7%. EBIT as a percentage of sales is strong when compared to companies in the same industry.