Fairfax County, VA

Ad#: 1784005 
Added: 09/05/20

COVID 19 Proof "Essential" Business:

Founded in 2010, this award-winning Virginia based company is a highly reputable and leading glass and glazing contractor offering a broad array of products to serve the clientele needs. The company specializes in three separate segments: residential, commercial and automotive.

Residential services include custom glass and mirrors, double pane windows, emergency repair and replacement, glass tabletops and custom shelving, shower door installation, window repair and replacement, and glass protectant application. Commercial glass services include advance measurement systems, door closer repair, emergency repair and replacement, industrial solutions, security films, and storefront doors. Automotive glass services include glass care, road hazard guarantees, headlight restoration and repair, and windshield repair and replacement.

The company categorizes its revenue into flat glass and automotive glass categories, with flat glass representing 70% of the annual revenue and automotive glass representing 30% of the annual revenue. The company serves customers across VA, WV and MD.

Investment Appeal

• Diverse Customer Base: The company’s customers are diversified across VA, WV and MD with nearly 5,000 accounts. No single customer accounts for a significant portion of annual revenue. This diversified customer base helps ensure that the company will not be significantly impacted by the loss of a single account.
• Impressive Financial Performance: The company operates at a highly efficient and profitable level. Since 2018, the company achieves EBITDA margins in excess of 20.0% of sales each year.
• Proprietary Expertise: In addition to the principals’ industry experience, many key employees have significant industry and product knowledge. This wealth of experience and expertise provides a significant intangible asset and advantage over many of its competitors.
• Strong Community & Client Relationships: The company has built substantial goodwill in the community and the region by providing quality service and expertise. Along with the principals, many key employees have significant industry and product knowledge providing significant intangible assets and advantages over competitors. Management also credits its reputation and established customer relationships as the two most critical factors contributing to historical success.

Please complete NDA for more information about the business

https://generational.tfaforms.net/4660083?DealID=a1L2G000004fuAW

Detailed Information:

Location:
Fairfax County, VA

Employees:
11

Facilities:
Operates out of a beautiful 5,200 sqft office/warehouse.

Growth & Expansion:
Geographic Expansion - Management has access to existing surrounding territories where marketing could be increased to increase profit without having to employ more AP/AR employees. Product and Service Expansion - The company could further expand into other services by aligning itself with other trades, such as, HVAC and plumbing.

Support & Training:
Seller is proud of the business they've built. Their primary goal is to make sure the new Buyer is successful. Hence, they will stay on as long as the Buyer needs them.

Reason for Selling:
Preparing for Retirement

Franchise:
This business is an established franchise