Business Overview

Repeat Customers | Service Business | Multiple Services Offered

This Arkansas company is a glass and mirror glazier business with service options that provide solutions for automotive, commercial and residential glass customers. The company was established over 15 years ago by the current owner and has grown substantially. With local competition at a minimum the potential to advertise and expand the business is endless. The area is rapidly growing with new construction and robust business environment generating all the work this glass shop can do, and then some! The current owner is retiring to pursue less strenuous work.

This service provider has no worries of large competitors like Amazon or Walmart that could potentially disrupt the business. Local competition is little to none and don’t show the same growth potential as this business. Glass Installations and repairs are growing in demand around the United States.

Accidents happen, but don’t let this opportunity shatter! Call CBI today for more information! (479) 770-8989

Financial

  • Asking Price: $425,000
  • Cash Flow: $97,118
  • Gross Revenue: $572,935
  • EBITDA: N/A
  • FF&E: $15,000
  • Inventory: $2,000
  • Inventory Included: Yes
  • Established: N/A
Is Support & Training Included:

Willing to train (timeframe negotiable)

Purpose For Selling:

Retirement

Additional Info

The sale will include inventory valued at $2,000, which is included in the requested price.

Why is the Current Owner Selling The Business?

There are all types of reasons people choose to sell operating businesses. Nevertheless, the real reason and the one they tell you may be 2 completely different things. As an example, they may state "I have too many other obligations" or "I am retiring". For many sellers, these factors are valid. But, for some, these may just be excuses to try to hide the reality of changing demographics, increased competition, current reduction in earnings, or a range of other reasons. This is why it is really crucial that you not count totally on a seller's word, but rather, use the seller's answer together with your general due diligence. This will paint a more reasonable picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many operating businesses finance loans so as to cover items such as supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can indicate that profit margins are too thin. Lots of companies come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that must be met or may cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in brand-new consumers? Often times, businesses have repeat consumers, which create the core of their everyday revenues. Specific aspects such as brand-new competition sprouting up around the location, road construction, as well as employee turnover can impact repeat customers and also negatively impact future revenues. One essential thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning consumer base. A final thought is the general location demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? How might the regional median home earnings effect future earnings prospects?