Owner Financing is Available
Business for Sale Overview:
This company installs custom residential overhead Garage doors ranging from Cedar Carriage style to Insulated Metal as well as multi-unit overhead doors such as a new apartment complex or new builder community and Heavy Commercial Doors and gates. Keeping busy with all sides of the business they even service and maintain all of their work if needed. Business hours Mon-Fri, 8a-5p + installation on some weekends. Numbers above are based on 2008 year end * *, 2009 are forthcoming – 1st 3 qtrs are in the business presentation package. May finance a small portion at this reduced price (was 595K) for qualified Buyer. Contracts and bids are in the name of the DBA and not the corporation. Purchase price is for 100% of the assets of the company. This is structured as an asset sale and not a stock sale. This is neither a solicitation nor an offering to sell securities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
As of November 2009, the company relocated from a 3000 sq. ft. space to being home based with rental of 2 storage units – one for equipment and one for supplies and inventory. Now that the business is home based, it can be relocated anywhere in the D/FW area.
Market Competition and Expansion:
Wisely positioning themselves in the three major areas of the business has helped them grow in the B2B arena while most of the competition focuses on only one area of the business- many only on residential; this business has capitalized on all three, but the majority is B2B Commercial. - Growth and expansion may be possible for the right astute buyer with working capital to expand, as the Seller began with no working capital and has not had immediate access to expansion capital. Future bids and contract in place under the dba. Many of them are expected to occur this year in 2010. (The state of lending beginning Oct. 2008 has slowed sales somewhat in 2009, but there are many bids already approved for next year as well as many other bids out there. The seller believes a certain percentage of these will come to fruition in 2010.)
Reason for Selling:
Seller wishes to change professions
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.