Independent/Commercial & Auto Glass Installation/Repair Business

Salt Lake City, UT (Salt Lake County)

Seller Financing Available
Independent/Commercial & Auto Glass Installation/Repair Business
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Asking Price: $230,000

Cash Flow: $119,000

Gross Revenue: $259,000

EBITDA: N/A

FF&E: $6,000

Inventory: $3,000

Established: 1989

Independent/Commercial & Auto Glass Installation/Repair Business

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Business Description

Up to 50% Owner Financed. Home Based Business!

This automotive glass business has been in business for almost thirty years and specializes in installing and repairing windows for commercial fleet trucks and heavy machinery. They also perform repair work for some of the industry’s most well-known and reliable names. Their customers are primarily large corporate companies for which they have many year’s history of steady and repeat business. Over the last thirty years, the business has built a fantastic reputation in the industry and has become the “go-to provider” for this type of specialized work. Their reputation and longevity limits the need for traditional marketing because most of their business comes from referrals and repeat business. Almost all the work is performed on-site, such that a new owner could possibly operate the business out of his/her home and garage. The current owner performs most of the work himself, eliminating the need for employees. This is not a franchise although the owner believes the concept and customer relationships could be maximized by expanding into other markets because his service model is unique and has great margins. The business is being sold because the current owner is ready to retire and he is willing to carry a substantial seller note for a qualified buyer.

Detailed Information

Location:
Salt Lake City, UT
Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This automotive glass business has been in business for almost thirty years and specializes in installing and repairing windows for commercial fleet trucks and heavy machinery. They also perform repair work for some of the industry’s most well-known and reliable names. Their customers are primarily large corporate companies for which they have many year’s history of steady and repeat business. Over the last thirty years, the business has built a fantastic reputation in the industry and has become the “go-to provider” for this type of specialized work. Their reputation and longevity limits the need for traditional marketing because most of their business comes from referrals and repeat business. Almost all the work is performed on-site, such that a new owner could possibly operate the business out of his/her home and garage. The current owner performs most of the work himself, eliminating the need for employees. This is not a franchise although the owner believes the concept and customer relationships could be maximized by expanding into other markets because his service model is unique and has great margins. The business is being sold because the current owner is ready to retire and he is willing to carry a substantial seller note for a qualified buyer. Most of the work is performed on-site. While the company performs some pre-fabrication work out of a shared warehouse space, the current owner believes that the business could just as easily be operated operate out of a home with an ample garage. (Home Based)
Competition:
There are other auto glass repair businesses around, most franchised, but this company has carved out a unique niche in the market such that there is very limited competition for the services this company provides.
Growth & Expansion:
The current owner operates the business without employees and has managed the company’s growth to suit his lifestyle. He believes that a new owner has the opportunity to grow the business exponentially just by taking on additional requests from existing customers and by hiring additional help. He has also identified several additional revenue streams that he believes could be easily added to the business and that he is willing to share with the new owner. There is also very limited marketing being done as most customers have been with the business for many years.
Support & Training:
Owner is committed to a successful transition for new owner.
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Saul Komisar

Business Listed By:
Saul Komisar

Transworld Business Advisors of Utah

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