High-End, Specialty Glass Tile Company
FINANCIAL INFORMATION
- Asking Price: $950,000.00
- EBITDA:
- Gross Revenue: $714,000.00
- Cash Flow: $224,000.00
- FF & E: $110,000.00
- Inventory: $725,000.00
- Financing: Yes
BUSINESS LOCATION
Metro Atlanta, GA
DESCRIPTION
The Company is a global supplier of brilliant, beautiful glass tiles in a broad range of colors, sizes, and shapes for both residential and commercial installations. They have a stocking program where they can “quick ship” over 150 SKUs, and they also offer custom design capabilities for high end applications requiring a unique, elegant and highly customized visual.
INVESTMENT HIGHLIGHTS:
- Quality of Products - Their unique manufacturing process offers a differentiated visual vs. other glass tile products and adds to their brilliance and brightness of color. Their tile thickness provides exceptional strength and durability vs. more conventional glass tiles.
- Broad Product Offering – They offer a wide range of standard sizes, including large format (12”x24”) options, specialty shapes and gloss, matte, and metal finishes.
- Custom Design Capabilities – These custom designs can be created to offer unique visuals where standard offerings are inadequate. These designs are templated and often hand-assembled to exacting standards and enable precise installation on the job site
GROWTH OPPORTUNITIES:
- Increase Sales Team and Distribution Network – Current sales team is composed of two people. Adding to these talents could increase customer reach significantly.
- Launch Targeted Marketing / Advertising Campaign – Company currently does very little marketing or advertising. Targeted efforts to increase awareness of company products and capabilities could help drive revenues.
- Expand Product Portfolio – Company’s current products line, while extensive, has not launched new products/styles in in recent years. Selectively expanding colors and/or styles could help the sales effort and result in increased awareness and interest in the company offerings.
REASON FOR SALE
Retirement
FACILITIES
Warehouse and offices
Details
- Home Based: No
- Franchise: No
- Distressed: No
- Relocatable: Yes
- Year Established: 2000
- Year Acquired: 2016
- Willing To Train: Seller is willing to train new owner for a smooth transition.
- Real State Available: No
- Is Property Leased: Yes
- Real Estate Included: No
- Is Management Staying: No
- Days Open: Monday - Friday
- Hours Open: 8:00 am - 5:00 pm
- Full Time Employees: 2
- Building Size: 21,000 Sq. Ft.
- Listing Id: SA1667