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 seven decades. It 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 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 8 years to 25+ 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.
Management Will Remain Through Transition — The Management is willing to remain through the transition period and would entertain remaining with new management for a longer period of time on a consultancy basis. Additionally, all key employees are expected to remain with new ownership beyond the potential sale of the Company.
Minimal Capital Expenditure — Over this historical period, the Company capitalized no investment in fixed assets on the balance sheet. Given the Company’s service-based operations, the need for capital expenditure is low moving forward. A low level of investment in fixed assets improves the Company’s ability to produce free cash flows.
