Reliable Professional Window Repairs for Vehicles

 

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.)

 

Exclusive Broker: Tim Cunha, J.D., Cal. DRE #01919755

 

Note:  All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy.  The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.