Independent Garage Door Company

This garage door company sells new garage doors and repairs broken ones; primarily residential homes, but does 20% commercial work on light duty repair & replacement. With four crews in the field, this company stays busy and the financials show it with growing revenues every year.

Staged out of a warehouse, the business has grown large enough to accept bulk orders of parts and doors, resulting in a stockpile of hard to find inventory, and a more efficient logistics system. Technicians report to work and go straight to jobs without stopping at distribution yards; increasing productivity in the field.

This business is perfect for a financial buyer seeking to step into an established business and save seven years of start up uncertainty, or another contractor in the home service sector who seeks to add a lucrative vertical to their enterprise.

Key highlights of this business include:

– High Six Figure Cash Flow
– COVID Resistant Industry
– 10K “Call for Repair” Stickers on Garage Doors
– Fully equipped fleet of service vehicles and technicians

Financial representations from a 3 Year Weighted Average from Tax Returns 2019-2020 & 2021 P&L.

Complete the “Contact the seller” box for an automatic NDA and check your inbox/junk mail. A full business report is available after a brief verbal screening.

DETAILED INFORMATION

Cash Flow Gross Revenue EBITDA FF&E Inventory Rent Established
$460,000
$1,930,000
N/A
$200,000
$120,000
$3,000 per Month
2015

Location:  Wake County, NC

Inventory:  Included in asking price

Real Estate:  Leased

Building SF:  4,000

Lease Expiration:  3/1/2022

Employees: 5

Furniture, Fixtures, & Equipment (FF&E):  Included in asking price

Facilities:  Business operates out of a warehouse behind the owner’s property. The owner pays rent to himself. 

Support & Training:  Two weeks included in purchase price. 

Reason for Selling:  Relocation

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