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For Sale: Auto Glass Repair & Replacement - Santa Clara County, California

$198,000.00

Asking Price

Santa Clara County Auto Glass Repair & Replacement  Business For Sale

Description

In operation for 15 years, this glass replacement and repair business serves Santa Clara and San Mateo Counties and some surrounding areas.  This is a rare opportunity to own an essential emergency service in Silicon Valley, one of the most affluent areas of the entire United States.  Their market focus is vehicle (auto & truck) window repair and replacement.

The business is run by an owner-operator who coordinates an experienced, trained, highly competent team of subcontractors. They operate from a facility with a rent of approximately $2,000/month. Service is provided on site; but most is remotely at the vehicle owner’s location.

Their market includes auto fleets, insurance companies, and individual owners.  Very valuable well-established connections are maintained with various insurance companies.

Financial Details: Annual sales are approximately $460,000. After COGS and usual and customary business expenses, the net cash flow or SDE is approximately $80,000.   

The Transaction: The seller is open to all reasonable offers and term.  The business is being offered for an asking price of $198,000, approximately  43% of annual sale and 2.5X SDE.  This includes all assets except accounts receivable, cash-on-hand, leasehold security deposit, and re-saleable inventory. This is for the entire business: vehicles, tools,  apparatus, vendor/supplier resources, customer lists, company name, website, phone number, good will, etc. It does not include cash, accounts payable*, accounts receivable, or security deposits. Materials Inventory (if any) is extra at actual cost (approximately $2,000-$3,000).  (*Seller is responsible for A/P and payroll through the date of Closing.)

To get more information about this Auto Glass Repair & Replacement business for sale in Santa Clara County please phone Tim Cunha (Intermediary, Resource, Broker - BRE License #:01919755) at 650-600-3751 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289689 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Auto Glass Repair & Replacement, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01919755. EvergreenGold Business Advisors.

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Contact

  1. Name: Tim Cunha
  2. phone iconPhone: 650-600-3751

Details

  1. Asking Price: $198,000.00

  2. Down: Call / Email

  3. Cash Flow: $80,000.00

  4. Revenue:    $469,000.00

  1. Area: Santa Clara County

  2. City: None Given

  1. Attributes:

    Semi-Absentee Run

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