Commercial, Automotive and Residential Glass

Not Disclosed, VA

Richmond Aea

Asking Price: Annual Revenue:
$299,000 $691,604

Automotive & Boats: Auto Glass Repair

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RE: Commercial, Automotive and Residential Glass Broker: Michael Metzger

Quick Facts

Asking Price: $299,000
Annual Revenue: $691,604
Net Profit: Not Disclosed
Cash Flow: $133,182
Total Debt: Not Disclosed
FF&E: $92,519
Real Estate: Not Disclosed
Year Established: 1965
Employees: 7
BBN Listing #: 29084955
Broker Reference #: 2006-16198

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Business Overview:

For over 50 years, this glass shop has been a fixture in the Richmond area. These experienced technicians have seen it all and can do everything from windshields to flat glass and home mirrors. With 2 mobile repair vehicles, about 50% of jobs are automotive, and half of all work is commercial. The shop shut down temporarily during the COVID 19 pandemic, but business remains stronger than ever.

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Property Features and Assets:

The 3,800 Square Feet shop provides an ample service bay, warehouse, and office space. It is conveniently located near the convergence of 2 major interstates affording easy access to a 30 mile radius service area. The 1/2 acre property is being offered for lease or sale through Thalhimer in Richmond. Assets = $106,844

Market Competition and Expansion:

Satellite has essentially cornered the market for consumer automotive glass replacement, so this company focuses on fleet vehicles and residential glass. As one of the only glass shops with a physical location (not solely mobile), this shop is able to accommodate customer requests for large flat-glass jobs that competitors simply can't do. The company is well-positioned to expand fleet work through a concentrated sales effort.

Reason for Selling:

Owners are retiring.

Additional Details:

  • The property is leased.
  • The owner is 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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