AUTO-GLASS-Red-Blue1

MAJOR AUTO GLASS DISTRIBUTER
(Automotive, Auto Glass Repair/Replacement ; Automotive, General Automotive)
New York, New York
Listed Price: $ 3,800,000
Listing ID: XC111475

Listing DetailsDown Payment: $ 2,000,000
Gross Revenue: $ 4,442,000
Cash Flow: $ 600,000
FFE: $ 220,000 (Included in Price)
Inventory: $ 2,023,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:

RETIREMENT


Training & Support:

SELLER WILL COMPLETELY TRAIN- MANAGER WILL STAY IF REQUIRED


Listing SummaryBusiness Description:

THIS HUGE COMPANY IS THE LEADING GREEN AUTO GLASS COMPANY IN THE NEW YORK / NEW JERSEY / CONNECTICUT METRO AREA AS WELL AS ONE OF THE LARGEST AUTO GLASS COMPANIES-PERIOD!

The company believes in preserving the environment. They focus their environmental commitment in an area where they can have the most significant impact- the refurbishing of OEM glass.

What is OEM GLASS? - OEM stands for Original Equipment Manufacturer.

OEM GLASS is produced from original equipment-style tooling and meets the manufacturer's specs for quality and safety.Only OEM GLASS is designed by your vehicle's licensed manufacturer and constructed for your vehicle's specific make and model. This both ensures a proper fit and finish , and meets the safety requirements and standards that are necessary for your protection in an accident.

AND IT'S BETTER FOR THE ENVIRONMENT TOO!

For every piece of refurbished OEM glass they install. they use one less piece of New glass. BUT THEY SELL NEW GLASS TOO -IF THE BUYER REQUIRES IT.

The use of refurbished OEM GLASS means less manufacturing, less resources being used, less waste going into landfills, and a cleaner ecosystem for you and your children.

THIS LEADING AUTO GLASS COMPANY IS DEDICATED TO INVESTING IN A SUSTAINABLE FUTURE FOR OUR BUSINESS AND FOR THE EARTH !


Historical Summary:

The Company has experienced continuous growth over the last 25 years.

It is now poised to Significantly increase it's position in the Industry with It's GREEN GLASS POLICY and the recent addition of a website to sell GREEN OEM GLASS to Dealers and end-users throughout the entire USA.


Owner Qualifications:

Business Management Experience is Necessary.


Competition:

THIS IS THE LEADING COMPANY IN THE COUNTRY ADVOCATING THE USE OF REMANUFACTURED OEM GLASS.

THERE IS NO OTHER COMPANY LIKE IT!


Potential Growth:

UNLIMITED!


Financing/Terms:

50% DOWN- SELLER FINANCING ON BALANCE


LocationLease Expire: 0000-00-00
Option: NEW LEASES ON ALL 4 LOCATIONS
Lease Security: 0
Square Footage: 10000
Type of Location: Stand Alone
Facilities:

The Company has 4 locations- Bronx, Yonkers,Portchester and New Jersey. In addition , they have 14 Vehicles that come to the Buyer's location if desired and install the Glass at the Buyer's Location. The Huge Bronx Main office and warehouse has offices and a warehouse that services all locations. The warehouse has an average of 50,000 pieces of glass on hand at all times.The other 3 locations are for sales and installation only.


OperationYear Established: 1985
Days & Hours of Operation: 8AM-5PM M-F 8AM -2PM SAT
Owner Hours: 20
Non-owner Payroll: $ 20,000
Employees: Full Time: 52
Managers: 4
Absentee Owner: Yes