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Connecticut Business For Sale

 

GARAGE DOOR BUSINESS


Attn: Charles Vigliotti
Bethel, CT, USA
Listing Number: "S0977"
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Asking Price: $180,000 USD USA Dollars
Business for Sale Industry: Services: Repair, Home Improvement, Painting
Year Established: 2002
# of Employees: 4
Yearly Cash Flow: $60,000



Business for Sale Overview:
The business is engaged residential repair, installation and repair of garage door openers, door and opener installations. The business does approximately 80% repairs and 20% new installations. The repair service they provide would include new springs, door openers, machine repairs, wood door replacement due to rotting and other services. The business does not engage in any commercial repair or installation work at this time. The strength of the business is the customer service they provide. Additionally, the business services over 100 miles of territory (servicing both Fairfield and New Haven counties in CT). Most all of the new doors installed are from Clopay (almost 99% of the work). Additionally, the business sources materials from the Haas company. Doors constructed of steel, vinyl, wood are installed as well as garage door openers installed and/or repaired.

Property Features and Assets:
The business is operated out of a home office. The nature of the business allows for the absence of a storefront and office space. This reduces the operational costs for the business and provides an easy transition for a new owner of the business (who may wish to combine this business with a similar business they currently own).

Market Competition and Expansion:
The business markets its services in various ways, spending an average of between $15-30,000 per year on advertising. It currently maintains a website, and additionally advertises with the online phone book website. Traditional advertising methods are also utilized by the business, with its regular appearance in the Yellow Pages phone book is a must have for effective advertising. The business has discovered the Yellow Pages to be the most valuable form of advertising presently utilized, as senior homeowners (with 30+ year old homes) and no computer access, are still picking up the phone book to call companies directly by telephone for service calls.


Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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