*New Price* Glass Installation Franchise
Not Disclosed, VA Not Disclosed
Northern Virginia
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- RE: *New Price* Glass Installation Franchise
- Contact: Small Business
Quick Facts
| Asking Price: | $949,900 | |
| Annual Revenue: | $1,512,596 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $428,956 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $115,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2010 | |
| Employees: | 10 | |
| BBN Listing #: | 936299 | |
| Broker Reference #: | 840 |
Business Overview:
This franchise is a leader in glass services including glass repair, replacement, and installation. The company also provides custom glass solutions such as tabletops, mirrors, and glass doors. Approximately 65% of the franchise’s revenue comes from flat glass services, with the remaining 35% generated through auto glass services.
With a solid Google rating of 4.6 stars based on 144 Google reviews, the franchise has garnered a solid reputation in the local area. Furthermore, the franchise demonstrates an impressive financial performance, achieving $1.3 million in revenue in 2022 and an August 2023 TTM revenue of $1.5 million.
The current owners are seeking to sell in order to transition into retirement. They are willing to assist a new owner through a reasonable and customary transition period.
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Property Features and Assets:
The facility features an office/sales area and four garage bays designated as a work area for the technicians. Real estate is available for lease or for sale.
Market Competition and Expansion:
Investment Highlights Include:
- Consistent Profitability
- Recession-Resilient Business
- Highly Rated Services
Growth Opportunities:
- Expand Commercial Services
- Hire Additional Staff
Reason for Selling:
Ownership would like to pursue retirement.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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