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Listed by:

Tangent Brokerage

Garage Builder-turnkey System Need New Youth For Sale

Macon County, Illinois, US
Asking Price:
$250,000 Furniture / Fixtures included
Sales Revenue:
$420,715
Cash Flow:
$130,613

Garage builder-Turnkey system $131k profit-need new youth

Garage door assembly operation.
Two (2) types: Pre-fab+ custom construction. 90% is pre-fab, 10% is custom built

Seller is 80+ years old, seeking retirement-a younger person can really grow this business in vast dimension.

Property Information

Location:

Macon County, IL

Premises Details:

Office=1,400 SF plus 3 garages that showcase the models they create ranging from 24x24sf, 28x14sf & 22x22sf. Real Estate s priced separately for $320,000 Footnote: From $60,000 FF&E, the Vehicles are $30,000. Tax return shows Cost value=$495,375 excluding depreciation

Business Operation

Expansion Potential:

Get into the modular home business. Homes without garage, will extend, move or expand the garage. This co builds detached custom garage structure.

Competition / Market:

Growing

Reasons for selling:

Seller is 80+ and is ready to retire

Employees:
4 (3 Full-time, 1 Contractors)
Years established:
41 Years

Other Information

Support & training:

30 days training, included with sale

Furniture / Fixtures value:
$61,250 - included in the asking price
Inventory / Stock value:
$15,000