Business Overview:
Garage door installation company established for 25+ years in Lexington, KY. The business services customers in Lexington and the surrounding area, approximately 60-70 miles out. Business is established as a leader in the industry and has seen recent growth with approximately $2.6M sales in 2021
Current Owner handles all marketing and sales efforts, and growth has come from repeat business and referrals. A motivated buyer could use additional marketing and sales efforts to continue to the momentum and increase sales and resulting cash flow.
All FFE included in purchase price and valued at $475,000.
Real estate is available for purchase at an additional price and is valued at $900,000. Inventory also available for purchase at additional price and currently valued at $300,000
Owner is very motivated and is looking to retire and spend more time with family. They are open to transition with a buyer and offer longer term support. Great opportunity to increase marketing efforts and sales for greater cash flow. This is a great business and a fantastic opportunity for expansion.
Business and real estate have been approved for SBA loan.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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