Services - Other Business Services | Services - Miscellaneous Repair

Asking Price	$250,000	Inventory
Gross Income	$815,831	Real Estate
Cash Flow	$142,039	Year Established	1980
FF&E	N/A	Employees	9 ft

* included in the asking price

** not included in the asking price

This business is an Automotive, Residential, Commercial Locksmith and Glass Service Company that has been a fixture in the community for almost 30 years. The Business has a lot of equity in the market whereby people know this Business with very little advertising. This full-service business has many customers who look to them for reliability, superior customer service and fair pricing. Currently, 43% of revenues come from Residential and Commercial Glass sales, 42% from Locksmith activities and 15% from Automotive Glass business. The sale is precipitated by a Bankruptcy Re-organization. The previous owner ran into a series of health, bookkeeping, and financial mismanagement problems which caused the Business to stumble from generating almost $2,000,000 in Gross sales to its current levels. However, in the short period of time that the Trustee has taken stewardship of the business, the Business has returned to profitability. There is plenty of room for growth in sales and profits for the next owner if they desire to capitalize on the foundation that is in place. This is an excellent opportunity for an experienced business person to take the Business back to the market position it once held.

Facilities: The facility is a spacious retail/warehouse building that is well suited to meet the business needs of this Business. Plus, it is located at a main intersection in the middle of its trading area. Real Estate is owned by a third party and is not included with this business.

Competition: This Business has built a wonderful reputation with both the general public and Contractor clients for almost 30 years. There are few Businesses that can boast the high amount of repeat customers that this Business has.

Growth/Expansion: Even during the current economic environment, this Business has remained strong and profitable. The Business is once again on its path to being well organized and very profitable. This Business needs two things some attention and a focused Marketing Plan.

Financing: All cash or terms acceptable to the seller.

Support/Training: To be negotiated

Reason Selling: Bankruptcy Re-organization