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Auto Glass Replacement Wholesaler And Retailer For Sale - Georgia, Mississippi, MS |
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| PROFILE: Wholesale/Retail Auto Glass Replacement Business Established In 1958. |
| Status: |
Off The Market |
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| State: |
Mississippi |
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| Location: |
Georgia |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Auto Related |
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| Alternate Category: |
Wholesale/Distribution |
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| Asking Price: |
$4,200,000 |
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| Down Payment: |
$4,200,000 |
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| Annual Revenue: |
$5,265,000 |
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| Annual Adjusted Net: |
$800,000 |
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| Price Range: |
$1 Million + |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: Established In 1958, This Service Business Is Located In A Mid-Size City In The Southeastern United States, And Services Automobile Glass And Truck Accessory Dealers. The Company Has Earned An 85% Market Share By Providing Unparalleled Service To Its Dealers Throughout Their 100 Mile Radius Service Area. Today, The Revenue Mix Is 75% Wholesale And 25% Retail. Included In The Sale Are 13± Acres Of Prime Real Estate, 70,000± Square Feet Of Warehouses, Offices And Showroom Space. In Addition, There Is $500,000± Of Saleable Inventory. To Enhance Their Retail Sales Of Auto Glass And Truck Accessories, The Business Leases 5,000 Square Feet Of Retail Space, Near The Largest Mall In The Area.
In June Of 2006, The Business Fundamentally Changed With The Sale Of Their Truck Accessory Product Line, To A Large Regional Distributor. This Distributor Leases Warehouse Space From The Business. The Business Has A Post Sale Agreement That Continues To Allow The Marketing Of Truck Accessory Products To Some Retail And Wholesale Customers. In October 2006, The Business Solidified Its Auto Glass Market Share By Acquiring Its Auto Glass Competitor. Since This Acquisition, The Gross Margin Has Increased 5%.
Key Financial Metrics:
Revenue: $5,260,000
Gross Margin: $2,355,000
Gross Margin %: 44.7%
Operating Income: $461,000
Adjusted EBITDA $831,000
Inventory: $500,000
The Owner Is Willing To Enter Into An Employment Contract For 1 Year Or Less To Transition The Business To A New Owner. |
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