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.
Get More InfoBusiness Overview
| Revenue | $535,896 |
| Cash Flow | $75,812 |
| Inventory | $2000 |
| Year Established | 2013 |
| Seller Financing | Yes |
| Employees | 2FT 0PT |
| Asking Price | $185,000 |
Key Statistics
- Hours of Operation: As Needed
- Employees: 2 Full Time 0 Part Time
- Year Established: 2013
- Year Acquired: 2013
- Liscence Required: Sales Tax
- Seats: N/A
- Parking: N/A
Financial Information
- Gross Sales: $535,896
- Source: Seller Provided Financials
- Cash Flow: $75,812
- Source: Seller Provided Financials
- Inventory Value: $2,000
Seller Financing
- Business Price: $185,000
- Down Payment: $100,000
- Monthly Payment: $1,643
- Interest Rate: 6%
- Amortization Period: 60
Location
- Monthly Rent: $300
- Lease Terms: Month to Month - Storage Unit
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Disclaimer
This information has been supplied to Broker, Capital Commercial Group, Inc. by seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. Thus, Broker does not guarantee this information to be accurate. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser`s councel.