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cover of episode Glass, Cash, and Real Estate: A Dream Deal?

Glass, Cash, and Real Estate: A Dream Deal?

2025/4/29
logo of podcast Acquisitions Anonymous - #1 for business buying, selling and operating

Acquisitions Anonymous - #1 for business buying, selling and operating

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B
Bill
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Michael Girdley
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Mils Snell
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Mils Snell: 我认为这家位于南卡罗来纳州布卢夫顿的玻璃公司是一个非常有吸引力的收购目标。它拥有稳定的现金流(50万美元),包含价值70万美元的房地产,并且价格合理。此外,它位于一个发展迅速的地区,这使得它成为一个理想的长期持有型资产。虽然玻璃行业竞争激烈,但我认为规模化整合在这个领域并不容易,这家公司可以保持持续盈利。 这家公司主要从事住宅淋浴房玻璃和镜子的安装,也承接一些商业项目。它拥有七名员工,其中可能包括老板及其配偶。他们拥有稳定的客户群,并且受益于当地蓬勃发展的房地产市场。 虽然这家公司有其局限性,例如地理位置限制了扩张,并且需要一个愿意亲力亲为的老板,但我仍然认为它是一个非常有吸引力的收购目标,尤其适合那些寻求稳定生活和可持续发展的买家。 这家公司的在线评价良好,但仍有改进空间。地理扩张会增加运营成本,并且扩张业务可能需要更改公司名称。玻璃业务的核心是框架制作和安装,大型玻璃项目存在法律风险。 总的来说,我认为这是一笔不错的交易,虽然它不适合那些寻求快速增长的买家,但它是一个稳定可靠的投资,能够提供可观的现金流。 Michael Girdley: 我同意Mils的观点,这家公司是一个非常有吸引力的收购目标。它的价格是其现金流的四倍(扣除房地产价值后),这对于一个拥有稳定现金流和房地产的企业来说是合理的。 这家公司拥有一个良好的地理位置,位于南卡罗来纳州增长最快的博福特县。它提供各种玻璃产品和服务,拥有充足的生产空间,并且员工经过充分培训。 然而,这家公司也面临一些挑战。它面临来自当地其他玻璃公司的竞争,并且地理扩张存在挑战。此外,它需要一个愿意亲力亲为的老板。 总的来说,我认为这是一笔不错的交易,适合那些寻求稳定生活和可持续发展的买家。 Bill: 玻璃行业竞争激烈,但规模化整合的难度较大。这家公司面临来自当地其他玻璃公司的竞争,并且地理扩张存在挑战。 玻璃行业存在进入壁垒,但并非无法复制。这家公司的在线评价良好,但仍有改进空间。 总的来说,我认为这家公司是一个值得考虑的收购目标,但买家需要仔细评估其竞争格局和地理扩张的可能性。

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In this episode, the hosts dig into a glass business in coastal South Carolina that’s stable, cash-flowing, and comes with real estate—perfect for a buy-and-hold acquisition.Business Listing - https://www.loopnet.com/biz/business-opportunity/established-glass-business-in-growing-blufton-sc/2345451/🎯 This episode is sponsored by:Inzo Technologies – The IT partner made for searchers, by a searcher. Get a complimentary IT audit for your target business at https://www.inzotechnologies.com or email Nick directly at [email protected] Pad – The marketplace connecting acquisition entrepreneurs with capital. Whether you’re looking to raise or invest, visit https://www.capitalpad.comThe hosts evaluate a rare, straightforward acquisition opportunity—a custom glass contractor based in Bluffton, South Carolina. With $500K in cash flow, a strong reputation, and real estate included in the $2.7M asking price, it’s a dream deal for a buyer who wants a stable lifestyle business. They discuss how this company serves residential and commercial clients, the regional growth around Hilton Head, the operational nuances of glass contracting, and why this is one of the more “boring is beautiful” deals they’ve seen. Plus, they break down how scale may or may not make sense in this space and touch on challenges with competition and geographic expansion.🔑 Key Highlights:- Overview of a $2.7M glass business with $500K in cash flow- Includes $700K of real estate and fully equipped vehicles- Operates in the fast-growing Bluffton/Hilton Head region- Strong candidate for SBA financing and owner-operator model- Discussion of the fragmented nature of the glass contracting industry- Why this isn’t a roll-up play, but a solid buy-and-hold asset- Comparison of glass contracting vs. other home service industries- Review strategy, competitive landscape, and geographic challenges

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