$2.7M Sales Garage Door Business, Est. 25+ Yrs

Lexington, KY
Fayette County


Asking Price: Annual Revenue:
$575,000 $2,700,000

Services: Construction, Contractors


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RE: $2.7M Sales Garage Door Business, Est. 25+ Yrs Broker: Mike Hedgebeth

Quick Facts

Asking Price: $575,000
Annual Revenue: $2,700,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $475,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 15
BBN Listing #: 789616072
Broker Reference #: Not Disclosed

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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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