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

$289,000.00

Asking Price

Santa Clara County Glass Repair & Replacement Auto & Building Business For Sale

Description

This glass replacement and repair business has a 29+ year reputation for excellent service at a reasonable cost.   They serve 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.  While vehicle (auto & truck) window repair and replacement is their mainstay business, they also provide glass for commercial, retail, and residential buildings.

The business is run by an owner-operator who coordinates an experienced, trained, highly competent team of subcontractors. They operate from a 1400+ sq ft building with a rent of $1,900/month. Service is provided on-site, but most is provided 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 State Farm, Farmers, and Allstate insurance companies.

Financial Details: Annual sales are approximately $790,000,000 with a gross profit of $409,000 after deducting costs of goods and subcontract labor. After usual and customary business expenses, the net cash flow or SDE is approximately $254,000.  

The Transaction: The seller is open to all reasonable offers and terms.  The business is being offered for $289,000, approximately  36% of annual sales, and 1.14X 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, goodwill, etc. It does not include cash, accounts payable*, accounts receivable, or security deposits. Materials Inventory (if any) is extra at actual cost (approximately $3,000-$4,,000).  (*Seller is responsible for A/P and payroll through the date of Closing.)

To get more information about this Glass Repair & Replacement Auto & Building business for sale in Santa Clara County please phone Tim Cunha (Intermediary, Resource, Broker) at 650-600-3751 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289688 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Glass Repair & Replacement Auto & Building, 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: $289,000.00

  2. Down: Call / Email

  3. Cash Flow: $254,000.00

  4. Revenue:    $790,000.00

  1. Area: Santa Clara County

  2. City: None Given

  1. Attributes:


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