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Commercial Glass & Glazing Contractor - 41% Growth in 2 years, 2015 growing again
The Hatteras Group is pleased to represent a regional service company and specialty contractor for glass, mirrors, windows and doors. This well-established company has operated as a fabricator and installer of residential and commercial glass and glazing products that include enclosures, storefronts, windows and doors for over 25 years. The company primarily serves Western NC, but, for select customers, they travel to complete jobs around the Southeast. Customers include institutions, hospitals, commercial GCs, industrial and public sector accounts. While the Company does bid on some jobs, most of their work is negotiated with contractors and owners who have become regular, repeat customers. The company has the experience and reputation to handle high profile projects such as historic renovations and new construction of state facilities.
The Owner seeks to sell the business and retire in the area while assisting a new owner to continue to grow this successful business. With an experienced staff including key managers, a quality reputation as well as a pipeline full of new projects, this company represents an opportunity for significant growth and financial returns. With a history of satisfied customers and high profile projects, the company is well positioned to grow and succeed in this dynamic industry for the foreseeable future.
o Up 41% from 1.197MM in 2012
o 2015 revenues expected to exceed $1.850 million
o Includes $1.5MM in contracted work to date
14,000 sq.ft, available for lease from Seller at $60,000/yr. Ample space for growth, quality location.
Fragmented industry means there is ample opportunities for growth.
Retirement (no, really it is), owner already works part time and is ready to train a new owner
Seller to train and support as needed for successful transfer, terms negotiable.
$150,000 available to a qualified buyer with an SBA loan
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