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37509-strong Profit Margins- Garage Door Sales Service For Sale

Washington
Asking Price:
$439,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$579,000 (USD)
Cash Flow:
$230,000 (USD)

Motivated to sell and Pre-qualified for SBA loan! Located in Washington, the company is a specialty trade contractor offering a full line of garage door sales, service and repairs. They operate from a 1,040-square foot, leased facility featuring a storefront, warehouse and office space. The company has a proven track record supported by over 30 years of ongoing business and hundreds of excellent reviews and testimonials. The marketing efforts focus on targeting residential customers within two counties. Per historical experience, if commercial marketing efforts were increased again, revenues would most likely double. In addition, the business would substantially benefit with an increased presence. Last year, total revenue was $579,594 with cash flow exceeding $230,000 and with an average net income over $100,000 closer to $150,000. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. Both employees are reliable, professional and experience, they would be available to stay after the sale, the owner would be available up to one year. Revenue Breakdown by Market: Residential 89%, Commercial 6% and Industrial 5%.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Monday-Friday 8-5:30, Saturday 8:30-3:30

Employees:
2
Years established:
1985

Other Information

Support & training:

The owner will be available as needed up to one year for the new owner.

Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$23,000 (USD) - included in the asking price
Inventory / Stock value:
$35,000 (USD) - included in the asking price

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