Full-service glass company (Northern Netherlands)

Stable and experienced glazing company & glass wholesaler

Revenue € 5.436.000

Profit Profit

Sector Industry & production - Wholesale

CountryNetherlands

Region Northern Netherlands

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Revenue € 5,436,000

FTE 11-20

Description

The company is a glass wholesale and glazing company and focuses on supplying insulating, safety and specialty glass (including HR++, laminated and tempered glass). The business primarily serves business customers but also provides services to individuals. The organization carries out the projects in a regional market.

Core activities include:

Assembly, maintenance and repair
Glass processing in own workshop (custom made)
Related work such as wood repair.

The organization has a strong position in the renovation and maintenance market, with a loyal and returning customer base (including contractors, real estate parties and maintenance companies). The company's workforce consists of approximately 15 loyal and experienced employees supplemented by a permanent group of +/- 10 freelancers, which contributes to the stability of the company.

Financial
The company realizes an annual revenue of approximately €5.0-6.0 million with a normalized EBITDA of €700,000 - €800,000, showing healthy margins. Cash flow is solid due to a consistent and full project portfolio and a loyal customer base in maintenance and repairs. The organization has a modern workshop, its own production facilities and a representative fleet of vehicles, which contributes to efficient execution and cost control. It also has its own housing and a strong balance sheet.