Business Overview

This is an outstanding opportunity to own a well-known and respected glass business. The company delivers best in class glass repair and replacement solutions for home, auto, and business. The diverse mix of products and the multiple revenue streams make the business highly recession-resistant. The longevity of business speaks volumes about their ability to be successful through economic cycles.

The current owners are planning to retire, reside in out of town, and rarely visit the business. There is no marketing or cold-calling needed with this business. Because of its great reputation, the business receives many repeat and referral customers.

The sale includes all assets, tools, and equipment necessary to run the business so the new owner will have revenue immediately.

Please contact Carlos Guevara at 210-688-4813 x105 for further information.
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Financial

  • Asking Price: $1,400,000
  • Cash Flow: $466,218
  • Gross Revenue: $2,849,538
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

4 weeks included in price

Purpose For Selling:

Retirement

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell companies. However, the real reason vs the one they tell you might be 2 absolutely different things. For instance, they might state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may simply be excuses to attempt to conceal the reality of changing demographics, increased competition, recent reduction in profits, or a variety of other factors. This is why it is really crucial that you not rely entirely on a vendor's word, yet instead, utilize the vendor's solution in conjunction with your total due diligence. This will repaint a more realistic image of the business's present situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover items like inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can suggest that profit margins are too small. Lots of organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that have to be satisfied or might lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area bring in new clients? Most times, companies have repeat clients, which develop the core of their everyday earnings. Specific variables such as brand-new competition growing up around the area, road building and construction, as well as personnel turn over can impact repeat clients as well as negatively impact future incomes. One important thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the better the opportunity to develop a returning customer base. A final idea is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? Exactly how might the regional average family earnings effect future revenue prospects?