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Listed by:

Transworld Business Advisors Richmond

Established Garage Door Company In Fredericksburg For Sale

Fredericksburg, Virginia, US
Asking Price:
$599,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,050,000
Cash Flow:
$225,000

Premiere supplier, installer and service provider of garage doors, openers and accessories in Northern Virginia.

This company's clients include homeowners, as well as custom builders in a high-income market. Continuous year-over-year growth for 5+ years. Add other profit centers such as epoxy flooring, garage organization systems, and commercial doors for even for growth.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $2,732.00

Square Units (Foot, Meter): 3,900

Lease Expiration Date: October 31, 2024, 9:00:00 PM

Business Operation

Expansion Potential:

Originally, they did well with other garage products such as garage epoxy floors and garage organization systems. Bringing these back would certainly add a nice proven revenue stream.

Also adding Commercial Line of Business would add to existing revenue and profitability, along with increasing the high profit margin service aspect of the garage door and opener business.

Competition / Market:

Houses keep growing in regards to garage space. Standard two car garages are becoming less popular, as many builders currently build with 3-4 car garages for home.
Also, if garage organization and flooring is attractive to the new owner, this is a huge market with many opportunities to add to current revenue stream.

Reasons for selling:

Retiring

Trading hours:

M-F 8am-4pm

Employees:
5
Years established:
2015

Other Information

Support & training:

Training Support Included

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price
Relocatable:
This business can be relocated.