Located in Illinois, this High Margin Glazing Contractor is a commercial glass fabrication and installation company. The Company has numerous glazing capabilities and specializes in interior buildouts for commercial customers. It has established itself as a go-to contractor for a core group of general contractors, granting it access to various attractive projects allowing for elevated margins. Selective in the projects it takes on, the Company focuses on profitability rather than taking on the highest possible volume of work. This has consistently led to 20%+ EBITDA margins.
Aiding in its high-margin production is its preservation of low overhead costs. With outsourced accounting, payroll, IT, legal, and other administrative duties, employees can focus on what they are best at, providing market-leading glazing services. The Company is supported by a skilled management team who collectively oversee daily operations, allowing ownership to take care of big-picture strategic planning.
The Company possesses a tenured workforce, symbiotic supplier relationships, and a loyal customer base. Opportunities for growth are available through targeted sales efforts, an increased focus on exterior glazing, or an expanded geographic reach.
The owner is seeking a divestiture of the Company to take a step back from business ownership and reduce their responsibilities in the business. The owner is willing to assist in a transition period of 1-2 years on a full- or part-time basis, with flexibility for a longer-term role under the proper circumstances. Ownership is seeking to divest the entirety of the Business but remains open to limited rollover equity scenarios for the right buyer. The Company’s facility is owned through a related holding entity and has an estimated value of $1,450,000. Ownership is open to conversations regarding the sale or lease of the facility to new owners.