Commercial & Auto Glass for Sale

Not Disclosed, NJ
Hudson County


Asking Price: Annual Revenue:
$1,000,000 $1,600,000

Automotive & Boats: Auto Glass Repair


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RE: Commercial & Auto Glass for Sale Broker: Michael Gersten

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,600,000
Net Profit: Not Disclosed
Cash Flow: $208,128
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1980
Employees: 8
BBN Listing #: 77922979
Broker Reference #: 7537mg

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Business Overview:

Well established Glass and Glazing business located in Hudson County. In business for 40 years under founders and still current owners. Great opportunity for owner operator(s). This is a fragmented industry in which private and family-run operators are successfully running profitable businesses. This business started as an auto/windshield glass replacement business. It added commercial glass replacement and construction which now represents 65% of sales revenue at higher margins. Auto glass revenue comes from relationships with auto dealerships across the state and corporate relationships with Penske (who consults with auto dealerships nationwide) and recommends owners for dealership construction and refurbishment. Additional commercial work comes from relationships with Rackon and the River Terminal in S. Kearny.

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Market Competition and Expansion:

Leverage Existing Customer Bases: 1) Real Estate Developers/Rehabilitators Reach out to "value-added" real estate developers who are transforming and converting existing, yet functionally obsolete industrial parks and individuals buildings, into state-of-the-art multi-tenant offices, warehouses, and distribution facilities. 2)Automotive Dealerships: Capitalize on the relationship with Penske (consultants to the automotive dealership industry) to increase the work upgrading automotive dealerships that are improving their external and internal appearance and functionally with decorative and functional glass, including skylights. Identify and approach additional auto dealerships starting with those brands that are current customers, and expanding to all auto dealerships in a reasonable radius. 3) Internet-Based Lead Generation Build a web presence by developing a home page and leveraging Google ads and search engine optimization to generate inbound leads.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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