Glass Repair

Surrey, British Columbia


Asking Price: Annual Revenue:
$295,000 $664,969

Services: Non-classifiable


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RE: Glass Repair Broker: Jason Brice
Owner Financing is Available!
25% VTB for experienced buyer.

Quick Facts

Asking Price: $295,000
Annual Revenue: $664,969
Net Profit: $236,941
Cash Flow: $236,941
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 500145925
Broker Reference #: Not Disclosed

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Business Overview:

BUSINESS FOR SALE: Glass Repair

Surrey, BC | Serving customers throughout the Lower Mainland

Asking Price: $295,000 (partial seller-financing offered – up to 25%)

Great opportunity to acquire a well-established business with a loyal customer base.

Glass Repair Experience REQUIRED!

Full-time owner/operator required. (Not suitable as an investment business.)

Seller will stay full-time for 2 months post-closing to train the new owner (which is included in the asking price). If new owner’s glass repair experience is insufficient, the seller is willing to be contracted (at an agreed upon rate) for up to 6 additional months to properly train the new owner.

REVENUE
2020: $664,969
2019: $670,777
2018: $668,609
3-YEAR AVERAGE REVENUE: $668,118

CASH FLOW
2020: $236,941
2019: $206,487
2018: $131,965
3-YEAR AVERAGE CASH FLOW: $199,798

PRO’s:
* Sufficient working capital (approx. $40,000) included in Asking Price
* Steady revenues, with huge growth potential
* 10 Years in Business
* High-quality repairs
* Inventory included (approximate value $25-50K)
* Equipment in good condition
* Serving commercial, consumer, strata
* Virtually no capital expenditures required
* Long-term repeat customers
* Convenient location
* Good lease
* High barriers for new competitors
* No bad debts

CON’s:
* The main glass technician is moving and will also need to be replaced. (Current owner is in the process or replacing this staff person, and will work to onboard/train them promptly.)
* The office manager is the owner’s spouse, who will need to be replaced. This replacement will not happen until there is an identified buyer, as to scope out who best to fill this position.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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