This long-established garage door and repair company in Northern California is a Sole Proprietorship and is under the current ownership since inception for the past 26 years. They provide new garage door installation, maintenance, and servicing in Northern California. They purchased in 2003 a long-standing garage door company in Northern California and have kept their number that was in existence for over 20 years prior to the acquisition. They are prominent in many large and high-end residential developments across Northern California and have massive repeat business with little or no marketing involved.
- Asking Price:
- $180,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $354,040
- Cash Flow:
- $92,542
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
250.00
- Size in square feet:
- 1000 sq ft
Business Operation
- Expansion Potential:
-
Growth can be obtained by increasing marketing efforts through digital and print media, as well as refreshing the website for a newer updated look. Growth can also be obtained by hiring personnel to expand the number of jobs performed as well as expanding their service territory beyond what they currently serve.
- Competition / Market:
-
There is competition in the marketplace, but none with such a long tenure and so engrained in neighborhoods across the region.
- Reasons for selling:
-
Seller would like to retire.
- Trading hours:
-
Days: Monday - Sunday, Hours: 8am to 6pm
- Employees:
- Full Time: 1
- Years established:
- 26
Other Information
- Support & training:
-
Seller will not be able to provide training to the new Buyer due to medical conditions. It is preferred that the Buyer has experience in the garage door industry.
- Financing available:
-
Seller financing is available for up to 25% of the purchase price over a 1-year period at 7% interest. Financing will be dependent on price offered and quality of the Buyer.
- Furniture / Fixtures value:
- $36,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
- Relocatable:
- This business can be relocated.
