Iāve come across a business in the glasswork sector that looks ready for an investor who knows how to scale operations.
⢠The market: Commercial, Residential & Custom Glass ⢠The clients: Homeowners + national brands (Tesla, Hilton, Sephora, Williams-Sonoma) Hereās why it stood out to me: This LA-based glasswork company did $1.88M revenue in 2024 with net income around $390K. Margins are healthy (20%+), and the client list is impressive. But what makes it more interesting? Itās not just a glass shopāitās trusted for custom, high-quality work in a sector where most competitors chase only small jobs. The company has built a reputation over 14+ years: ⢠Nearly 100% client retention ⢠75% conversion rate on new leads ⢠Zero overages, always on time + on budget That level of reliability is rare in construction-related businesses. Of course, itās not perfect. ⢠Revenue isnāt stable (2023 hit $2.5M, but 2022 dipped to $1.9M with losses). ⢠Owner is too central in daily opsānew buyer must either step in or hire ops manager. ⢠Only $5K/year spent on marketing = underdeveloped growth channel. Why hasnāt a larger contractor scooped them yet? Because this space rewards personal relationships + trust. National names canāt easily replace that. And this business already has the tech stack (CRM + digital bidding) + reputation foundation. It just needs more hands and sales push. Hereās what I like as an analyst: ⢠High gross profit (65% in 2024) ⢠Net income trend improving (loss in 2022 ā $256K in 2023 ā $390K in 2024) ⢠Blue-chip client list = credibility moat ⢠Assets included (2 fully tooled trucks, $160K+ in value) Lease terms are manageable: ⢠$4,500/month + $800 extra costs ⢠Central LA location, 3,000 sq ft, offices + shop ⢠100% utilization This means growth will likely need more space or a second branchāalready scoped in their plan. The opportunity for growth is clear: ⢠Open branch in East LA (already identified) ⢠Hire project managers + estimators to handle more jobs ⢠Build real digital marketing (they barely use social media today) ⢠Expand contracts with national retailers