Cash Flowing Auto Glass Replacement Business

Knollwood, TX
Auto Glass Replacement
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
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Knollwood, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,650
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This business includes furniture, fixtures, and equipment (FFE), consisting of office equipment, scanner, and computer equipment, valued at their approximate fair market value of approximately $75,000. All FFE, that will be included in the sale, is understood to be well maintained and is in good working order. Included vehicles are a 2007 Ford Ranger, 2022 ram 1500 Laramie, 2011 Ford Ranger, and 2004 Ford Ranger trucks.
Competition
This company is a cut above: • Excellent 4.5 Star reviews on Birdseye.com. • Unsurpassed Quality & Integrity • Established in 1985 • Same Location for 30 Years • Thousands of Satisfied Customers • Lifetime Warranty Against Leakage • A Member of NGA-National Glass Association • Their team of contractors are highly skilled craftsman and their technicians licensed and insured.
Growth & Expansion
Key Growth Drivers: 1. Aging Vehicle Fleet: The increasing average age of vehicles on U.S. roads, currently over 12 years, continues to be a primary driver of growth. As vehicles age, the likelihood of windshield damage and the need for replacement services increases. 2. Advancements in Vehicle Technology: The rise of ADAS (Advanced Driver Assistance Systems) integrated into windshields creates a need for specialized services. This not only increases the complexity and cost of replacements but also boosts market demand for businesses equipped to handle t
Financing
Nominal Seller financing will be condidered on a case by case basis.
Support & Training
Seller is willing to help facilitate the smooth transition of the business to the buyer, as required.
Reason for Selling
The seller is retiring.
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Douglas
Batts
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Douglas Batts