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Glass Repair & Replacement Business

Macomb County, MI, USA
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Businesses For Sale | Window & Glass Companies For Sale

Listing ID : 427366

Posted on February 8, 2024 View Count 3

Price :
$185,000
Business Financials & Assets :
Gross Revenue:
$535,896
Cash Flow:
$75,811
Year Established:
2013
Inventory Included:
No
Estimated Value of Inventory:
$2,000
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Property Details :
Business Details :
Number of Employees:
2
Absentee Owner:
No
Business Can Be Moved:
Yes
License Included:
Yes
Homebased Business?
Yes
Real Estate:
Leased
Rent:
$300
Type of Lease:
Gross Lease or Full Service Lease
Terms :
NDA Required:
Yes
Broker Co-Op:
No
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

This business has been providing high-quality window and glass replacement and repair services since 2013, serving both residential and commercial customers in Wayne, Oakland, and Macomb County. With residential customers accounting for 70% of the revenues, this business has established itself as a trusted service provider in the community.

Included in the sale is a fully equipped and serviced truck and trailer, allowing the new owner to hit the ground running. The current owner, one helper, and five subcontractors have taken great pride in providing exceptional quality services to all their clients, resulting in most of the current business being generated through referrals. Additionally, the business has government contracts that account for 10% of the total revenues, with growth opportunities to expand this sector further.

Accounts receivable collections are almost 100%, with no customer concentration risk, ensuring financial stability. The materials and hardware used are available for purchase through multiple vendors, providing flexibility in sourcing. The owner currently subcontracts out around 50% of the jobs to other vendors, presenting opportunities for a new buyer to start doing more jobs in-house.

With an organized database of current and past customers, a new buyer can hit the ground running with established relationships in place. The seller is willing to stay on long-term (1 to 2 years) to assist the buyer with the transition. Furthermore, the growth opportunities for a new buyer are vast, including increasing marketing efforts, offering board-up services, targeting larger service providers for subcontract work, and soliciting more government jobs.

This business is the perfect opportunity for a new owner to enter the window and glass repair industry, with a proven track record of success, established relationships, and growth opportunities.

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