SBA Approved-Glass Install & Repair Business Serving SE VA

Listing Number: 12451-536385

Listing Details

SBA Approved-Glass Install & Repair Business Serving SE VA
Price: $950,000
Location: Virginia
  • Down Payment: --
  • Sales: $1,191,749
  • Seller's Discretionary Earnings: $310,864
  • Inventory: $20,000
  • Furniture, Fixtures, and Equipment: $150,000
  • Employees: 6
  • Year Established:
  • Reason for Selling: retirement

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Business Listed By
Matthew Morris

Business Description

Consistent Growth / Real Estate Available / Operating 40+ Years / Owner Retiring 

 

Operating successfully for over 40 years, this glass installation and repair shop does it all, thus providing a diverse and consistent revenue stream. The business, located in southeast Virginia, provides repair and installation services for commercial, residential, auto, marine, heavy equipment, seamless shower glass and more. They offer on-site, mobile and drop-off so their customers can choose their preferred method and budget. Having been in the area for over 40 years, this business has great name recognition and many past and ongoing happy customers. With their reputation for customer satisfaction, local brand awareness and plenty of potential for growth, a new owner could take this business to the next level. A local family-oriented owner/operator would be the best fit. 

 

 

Key Investment Considerations: 

 

  • $1,191,749 Gross Revenue 

  • $310,864 Discretionary Earnings (includes rent paid ($55,000), seller owns building) 

  • $170,000+ in current asset and inventory value included in listing price 

(4 vans and an A-frame glass rack and much more) 

  • Real Estate Available  

  • SBA pre-qualified (18-year amortization if the available real estate is also acquired) 

  • Consistently High Growth Rates over the Past Few Years 

  • Owner Retiring 

  • Turnkey Business 

  • Family Business desiring local Owner/Operator   

  • Be your own landlord 

  • Diverse Revenue Streams 

  • Serves a wide range of industries (commercial & residential real estate, marine both personal and commercial, auto, heavy equipment, seamless shower glass and more) 

  • Experienced technicians and management in place 

  • Experienced seamless glass technician 

  • 8 weeks transitional training offered at no additional cost 

 

 

*As always brokers please bring your qualified buyer’s