OFF-MARKET- Clearly Profitable – Custom Glass Consultants & Installation Company!

Clearly Profitable – Custom Glass Consultants & Installation Company!
Encino, CA – (Los Angeles County)
Seller Financing Available!
Zip Code: 91316

• Asking Price: $695,000
• Cash Flow: $307,134
• Gross Revenue: $1,565,386
• EBITDA: N/A
• FF&E: N/A
• Inventory: N/A
• Established: 2010

Business Description

Since opening in 2010, this Business has become recognized in the greater Los Angeles area as custom glass installation authorities among contractors, homeowners, architects, and designers thanks to the superior work and professionalism. The Company’s highly trained installers provide expert custom glass solutions like frameless glass shower enclosures, modern mirrors, and custom glass railing systems. Thanks to a professional, service-oriented office staff proprietary systems for measuring, ordering, scheduling and follow-ups, the Business is a top-choice provider, especially in the growing Los Angeles area!

Services include Design and function support for the installations of glass windows in luxury dwellings. Glass Rails and Panels: for functional beauty and unobstructed views, as well as the creation of open and transparent safety. Planning & projects management: for help through the planning process when needed.

The Company has built great relationships with area glass and hardware vendors and have connections to get discounted pricing thanks to excellent sourcing and developing good standing accounts.

NDA is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

• Employees: 6
• Facilities: Approximately 2,000 square feet with a monthly rent of $2,200 per month. The lease expires in August 2020.
• Competition: Given the Company’s reputation and in-demand status, Seller does not believe that the Business has much to worry about in terms of competitors. Due to the high demand, only the best of jobs get scheduled. However, this means there is room for growth; with additional installers and equipment for them, the Business could take on more of the jobs customers present to them.
• Growth & Expansion: Expansion: Seller recommends that the new owner hire a salesperson(s) dedicated to developing new accounts and find additional bid opportunities to gain commercial and larger residential jobs.
• Financing: If the price and deal structure are right.
• Support & Training: 4 weeks at 20 hours per week.
• Reason for Selling: Sellers are relocating to another state.

Bright Outlook

To expand the Business and increase profits, the Seller recommends:

Hiring Sales Representatives; one experienced working with designers, creatives, and familiar with construction processes. When the salespeople have successes, hire a few more installers; and provide them with one or two more work vans;

Have the salespeople search for large commercial jobs that the Company can bid on. Increase social media marketing; find more followers on Instagram, open a Pinterest account and post regularly. Develop the Website and offer a blog (with frequently updated content) about industry trends, hot designers and information about choosing the right products for the job.

Link the site to suppliers, designers, and contractors to increase exposure.