Business Overview:
Rare opportunity business with strong cash flow! Buyer(s) will assume a 4-decade legacy sales and services garage door company with manufacturer relationships and rave customer reviews. This profitable 5-STAR, full-service commercial and residential garage door company is in a St. Paul suburb, serving the Twin Cities. Award-winning reputation and consistently profitable year-over-year. Known for its reputation of great service and quality doors with competitive pricing. 2022 annual revenue over $1,600,000 with adjusted net income $340,000. 2023 looks even stronger. Business priced attractively at $720,000, not including door and parts inventory. Space is 2,400 square feet, a clean and updated property. Competitive monthly lease is only $1,716, includes CAM. Current owners are flexible and ready to retire.
Inventory NOT included in offering, estimated at $195,000, but will vary. Serious Inquiries Only. Buyer must have financial capacity. Seller Financing Available for Qualified Buyer for Business and Buildings. To inquire, contact Robert Warrick. Please use reply to this ad button to contact us.
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Reason for Selling:
Retiring
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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