Major Price Reduction! Profitable Garage Door and Gate Business
Major Price Reduction! Profitable Garage Door and Gate Business
Price: $850,000
Location: Los Angeles South Bay
Industry: Construction
Listing ID: ZBB2144
Specializing in the sales, repair & service of garage doors, remote controls, and automated gate systems. Established for over 47 years.
$1.63 million+ in sales, $269k discretionary earnings, Apx 50% commercial, 50% residential with a well-trained professional staff of 10 dedicated employees. Good books and records.
Extraordinary service, professionalism, and responsiveness sets this business apart from other garage door, gate sales, repair, and service companies.
The owner is ready to retire and seeking a qualified buyer. Sufficient training and support will be given for a smooth transition. Buyer C61-D28 Contractor License a plus. Individual buyers should have direct industry experience. Some Seller financing for qualified Buyer & SBA Qualified.
Heads up competitors! Strategic acquisition and growth opportunity. This is an established business. Immediately accretive to your revenue, client base, and bottom line!
Serious inquires only, please. Interested to learn more?
Down Payment: $85,000
Total Sales: $1,678,571
Cash Flow: $269,195
Inventory: $24,000
Inventory Included: Yes
Reason For Sale:
Retirement
Training & Support:
Seller will provide training for 4 weeks at 20 hours per week following close of escrow, included in the purchase price. Sufficient training and support will be given to a qualified buyer for a smooth transition of the business.
Year Established: 1973
Days & Hours of Operation: Monday-Friday; 7:30 AM - 4:00 PM
Owner Hours Per Week: 40
Employees: 10 employees including: 2 F/T Owners, 3 F/T (Field), 2 P/T (Field) , 3 F/T( Office)
Monthly Rent: $6,600
Type of Location: Office/Showroom/Warehouse
Square Footage: 6808
Facilities Information:
The business operates from a 6,808+/- sq ft facility consisting of 6,228 sq ft office, showroom/warehouse and additional 580 sq ft office space.
Historical Summary:
For more than 47 years, a Southern California leader in the sales, repair, and service of garage doors, operators, remote controls, and automated gate systems. Garage door specialists supplying garage doors, garage door operators, door openers, door remote, transmitters, wall button accessories, springs, electric eyes, infrared beams, garage door hardware, sectional doors, sectional door wheels, and torsion springs. Serving the greater Los Angeles South Bay area and all of Orange County.
Owner Qualifications:
Buyer C61- D28 Contractor's License and commercial knowledge a plus. Individual Buyers should have direct industry experience.
Competition:
This is the dominant Garage door and automatic gate business in the area.
Financing/Terms:
Seller will accept a note for $85,000.00, payable at $3805.67 per month for 24 months including interest at 7.0% for qualified buyer. Price includes inventory (valued at cost) of $24,000.00
For more information on this listing, please complete our Non-Disclosure Agreement
