Cash Flowing Auto Glass Replacement Business
Asking Price: | $529,000 |
Gross Revenue: | $738,000 |
Rent: | $925/Month |
FF&E: | $75,000 |
Cash Flow: | $160,000 |
Inventory: | $11,470 |
EBITDA: | $120,000 |
Established Year: | 1985 |
We are pleased to offer for sale this well-established, and successful, 39-year-old family owned and operated company was incorporated in 1993, by its current owner. The company’s value proposition is stepped in qualify and affordability which are also key differentiators. A mainstay of this company is the reliability of its revenues which have consistently averaged approximately $730K per year over the past few years. They are focused on working hard to meet their customer demand and exceed their customer satisfaction goals while establishing a strong relationship with their customers, contractors, manufacturers, and suppliers.
They are committed to delivering top-tier auto glass services with a focus on safety and excellence. Their highly skilled technicians use certified techniques and adhere to the highest safety standards, ensuring that all installations meet stringent government regulations. Customer satisfaction is their top priority.
Over the past three years, this company has generated relatively solid revenues of $712K in 2021, $743K in 2022, $748K in 2023, and it has generated cash flows of $221K, $152K, and $145K, respectively. Year 2024, through June, is off to a solid start and they are on track to fetch revenues of approximately $730K and to generate cash flow of approximately $175K.
The company’s primary revenue streams are from Auto Glass Replacement, Windshield Rock Chip Repair, Rear View Mirror Replacement , Door Window Replacement , Motor Repair, Certified Installers, OEM Quality Replacement Glass, and as Insurance Claim Specialists.
This list price for this business includes working capital in the form of $36K in accounts receivables and inventory of $11K. This company boasts strong books and records, it’s financials are have been pre-qualified for SBA (Small Business Administration) financing by one of our SBA Lenders for the financing of the business acquisition, based on a buyer injection of $75,000. The seller is also willing to stay on board with the company, to assist with training and transition for a mutually agreed upon term, post-closing.