Profitable Auto Glass Replacement

Business Overview:

We are pleased to offer for sale, this well-established, and successful, 39-year-old family owned and operated company was incorporated in 1993, by its current owner. The company’s value proposition is stepped in qualify and affordability which are also key differentiators. A mainstay of this company is the reliability of its revenues which have consistently averaged approximately $730K per year over the past few years. They are focused on working hard to meet their customer demand and exceed their customer satisfaction goals while establishing a strong relationship with their customers, contractors, manufacturers, and suppliers.

They are committed to delivering top-tier auto glass services with a focus on safety and excellence. Their highly skilled technicians use certified techniques and adhere to the highest safety standards, ensuring that all installations meet stringent government regulations. Customer satisfaction is their top priority.

Over the past three years, this company has generated relatively solid revenues of $712,000 in 2021, $743,000, 2022, $748,000 in 2023, and it has generated cash flows of $220,000, $152,000, and $147,000, respectively. Year 2024, through June, is off to a solid start and they are on track to fetch revenues of approximately $730,000 and to generate cashflow of approximately $175,000. The company’s primary revenue streams are from Auto Glass Replacement,

Windshield Rock Chip Repair, Rear View Mirror Replacement, Door Window Replacement, Motor Repair, Certified Installers, OEM Quality Replacement

Glass, and as Insurance Claim Specialists. Their stated mission is to provide quality-affordable auto glass service using certified methods with the intent of safety being priority.

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Property Features and Assets:

The company operates out of the same leased commercial location that it has for the past thirty years.

Assets = $69,333

Market Competition and Expansion:

This company is a cut above:•Excellent 4.5 Star reviews on Birdseye.com.•Unsurpassed Quality & Integrity•Established in 1985•Same Location for 30 Years•Thousands of Satisfied Customers•Lifetime Warranty Against Leakage•A Member of NGA-National Glass Association•Their team of contractors are highly skilled craftsman and their technicians licensed and insured.

The Total Addressable Market (TAM) for the U.S. auto glass replacement industry is expected to grow significantly over the next three to five years. Currently, the auto glass replacement market in the U.S. is valued at approximately $5.4 billion, with a projected compound annual growth rate (CAGR) of about 4% to 6% from2023 to 2028. This would result in a market size approaching $6.5 billion to $7 billion by the end of the forecast period. The industry outlook for U.S.-based auto glass replacement businesses over the next three to five years is generally positive, with moderate growth expected.

Reason for Selling:

Additional Details:

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