Established Garage Door Sales & Service Company

Colorado Springs, CO
El Paso County


Asking Price: Annual Revenue:
$150,000 $380,858

Services: Home Improvement, Repair, Painting


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RE: Established Garage Door Sales & Service Company Broker: Mark Finsterwald
Owner Financing is Available!
Seller will consider carrying a note for a qualified purchaser.

Quick Facts

Asking Price: $150,000
Annual Revenue: $380,858
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $73,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 4
BBN Listing #: 7124386
Broker Reference #: CC-0898

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Business Overview:

This company provides garage door sales and services to existing and new customers throughout the Colorado Springs area. The company is the main garage door servicer and installer for two major companies. Their revenues are divided approximately 50/50 between sales and servicing. Currently the company has more business than they can service and so they have not been doing any advertising, current business is through existing customers or word of mouth.

This company has been servicing the Colorado Springs market for more than 20 years. Currently has a manager and three installers and owners are not involved in the day-to-day operations of the business. Sales for the company were not affected by COVID.

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Market Competition and Expansion:

This business offers purchasers the right resources and a solid foundation on which to continue and grow. Company sales grew over 30% year over year from 2020 to 2021 with no marketing. Colorado Springs is growing at approximately 15% annually according to the US Census Bureau and will continue to be a top US housing market in 2022.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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