Successful Michigan Auto Glass Repair And Replacement Business For Sale

Business description

The founder/owner/seller of this very successful auto glass business has a unique problem: her five year old business is growing so fast that she cannot keep up with her family (four young children), several rental properties, completing her college education and managing her thriving auto glass business. Her solution (selling the business) could be your opportunity.

We are pleased to offer this growing business which in 2011 is on pace to record double digit revenue growth and an impressive $85,000 cash flow. Nicely situated in a desirable community 60 minutes from Lansing and Grand Rapids, the business has a month to month lease with annual rent at only 3% of sales. The business (which can be relocated) currently has great visibility on a major north/south road.

The company has established strong relationships with several insurance companies and service agreements with most of the area car dealerships. Growth is only limited by the new owner’s willingness to pursue and manage continued expansion of the business, something for which the seller just has no time.

The business is being offered for $225,000, an attractive 2.65x cash flow. The business comes with a terrific industry specific software package, a fully equipped service truck, and all necessary tools to operate a two bay shop. Importantly, the owner will offer as much as $100,000 of seller financing for a qualified buyer.

Property information

Real Estate:

Lease

Leasehold rent:

$7,200 per annum

Location:

The business (which can be relocated) currently has great visibility on a major north/south road.

Other information

Reasons for selling:

The founder/owner/seller of this very successful auto glass business has a unique problem: her five year old business is growing so fast that she cannot keep up with her family (four young children), several rental properties, completing her college education and managing her thriving auto glass business.

Trading hours:

9:00 to 6:00 Monday - Friday

Financing available:

The owner will offer as much as $100,000 of seller financing for a qualified buyer.

Furniture / Fixtures value:

$25,000

Inventory / Stock value:

$5,000