Active
Auto Glass Company - North Houston
This is a glass company specializing in auto & truck window and glass replacement, chip repair, and window tinting. They also do power window regulator replacement, mirror replacement and wiper blades. Mobile services represents approximately 10% of the total business. They have a large inventory of auto & truck window glass and parts exceeding 18,000 pieces. The facilities consist of 7,200 sq. ft. and include a reception area, office area, and large shop and warehouse area. They have experienced techs who do the installation and repair work. The owner is leaving the State to be with relatives is the reason for selling. The company has an import license used for buying glass from suppliers overseas. The owner is willing to finance for a qualified buyer.
Listed By: Jeffrey Jones
Background information
Reference:
82497
Year established:
1998
Reason selling:
The owner is moving out of Texas.
Finance
Sales:
$660,000
Profits:
$302,236
Profit type:
Discretionary Earnings
Operations
Employees:
2 full-time & 1 Part-time employees, plus the owner.
Equipment:
Equipment includes tool boxes, office furniture, floor fans, storage racks, shelving, building sign, and 3 vehicles.
Inventory:
$595,000 includes over 10,000 pieces of glass and windows.
Premises
Facility:
7,200 sq. ft. free standing building
Square footage:
7200
Rent and lease terms:
3,600 Gross P/M currently on a month to month basis, but a new lease is available.
Location:
Near North Houston
Price and terms
Price:
$680,000
Down payment:
$340,000
Financing:
$340,000 cash down and Seller Financing at $340,000 for 5 years at 6% interest = $6,573.15 P/M.
Training:
As needed