Operating from its headquarters in North Texas, this business specializes in the sale and installation of high quality glass products for residential, commercial and industrial applications. The Company operates from a 5,000 square foot facility, which it leases from the Owners. The facility includes offices, warehouse space, shop area, and adequate parking for customers and employees. Offering these products and services requires a facility with ample storage and workspace, tools and trained personnel. The Company has a proven track record, supported by testimonials written by customers over the years. With its broad range of products and services, the Company's marketing efforts focus on targeting commercial and residential contractors as well as corporations within the industrial industry. The Company targets customers that operate within a 100-mile radius of the business. Established in 1980, the revenues have been consistent over the past several years. With a solid reputation, the Company continues to attract new customers while maintaining its reputation with existing ones.

The Company's assets consist of its inventory, furniture, fixtures, equipment and goodwill. Revenues have been steadily increasing over the past 5 years, with annual growth trends nearly 14%. Last year, the Company's total revenue was $568,113; according to the owner, the Company is projecting $444,000 in gross revenue for 2015. We have prepared an Adjusted Income Statement to reflect the Adjusted EBITDA with capital expenditures and owner's replacement salary included in the calculation for the previous year, see below. The Company's financial statements are prepared in-house and the tax returns are filed by a professional accounting firm under the accrual accounting basis. The Company's fiscal years is from January to December.

Posted Jan 14, 2016

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