Established Garage Door Company

Relocatable, VA Spotsylvania County

Asking Price: $599,000

Annual Revenue: $1,050,000

Services: Construction, Contractors

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RE: Established Garage Door Company
Contact: Kent Adams

Quick Facts

	Asking Price:	$599,000
	Annual Revenue:	$1,050,000
	Net Profit:	Not Disclosed
	Cash Flow:	$225,000
	Total Debt:	Not Disclosed
	FF&E:	$25,000
	Real Estate:	Not Disclosed
	Year Established:	2015
	Employees:	5
	BBN Listing #:	935977
	Broker Reference #:	9525-438863

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Business Overview:

Premiere supplier, installer and service provider of garage doors, openers and accessories in Northern Virginia. This company's clients include homeowners, as well as custom builders in a high-income market. Continuous year-over-year growth for 5+ years. Add other profit centers such as epoxy flooring, garage organization systems, and commercial doors for even for growth.

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Property Features and Assets:

Monthly Rent: $2,732.00

Square Units (Foot, Meter): 3,900

Lease Expiration Date: October 31, 2024, 9:00:00 PM

Market Competition and Expansion:

Competition: Houses keep growing in regards to garage space. Standard two car garages are becoming less popular, as many builders currently build with 3-4 car garages for home.
Also, if garage organization and flooring is attractive to the new owner, this is a huge market with many opportunities to add to current revenue stream.

Expansion:

Originally, they did well with other garage products such as garage epoxy floors and garage organization systems. Bringing these back would certainly add a nice proven revenue stream.

Also adding Commercial Line of Business would add to existing revenue and profitability, along with increasing the high profit margin service aspect of the garage door and opener business.

Reason for Selling:

Retiring

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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