Garage Enhancement Dealership covering San Fran...

North Bay Area, CA
Marin County


Asking Price: Annual Revenue:
$259,000 $400,000

Services: Construction, Contractors


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RE: Garage Enhancement Dealership covering San Fran... Broker: Phillip Holt
License #: 01731143
Owner Financing is Available!

Quick Facts

Asking Price: $259,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: $36,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 3
BBN Listing #: 106138439
Broker Reference #: OAKLACA001-N241

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Business Overview:

While the business, Golden Gate Garage Storage, is waiting out the virus, the phones continue to ring, orders are being placed and the backlog of projects to be done keeps growing. The seller has kept his installation crew on payroll so, when things get back to normal, the business should pick up where it left off and stay busy. The seller is just adding a showroom and larger warehouse space that will be opening in May. This showroom will allow potential customers to see and feel these very impressive garage enhancement products and should grow sales revenue significantly. And the warehouse will include capacity to add parking for a second truck to facilitate a second install crew. Garage Enhancement is the fastest growing and one of the highest margin home improvement verticals in the country. This business is an exclusive dealer for Gorgeous Garages, America’s leading distributor of garage storage solutions, with the only patented wall-mounted rack system with shelving. Business activities for its dealers consist of sales and installation of the high quality, very durable (backed by a lifetime warranty) Shelf/Rack System, Overhead Racks, Cabinets and beautiful, industrial-grade, Polyurea full-broadcast floor coating. The seller has exclusive rights to market these garage enhancement products in San Francisco, Marin and Northern San Mateo Counties. Currently almost all sales come through the internet and those expenses are already covered by Gorgeous Garages, the parent distribution company. A general contractor’s license will be needed to own the business, but in the short run a Responsible Managing Officer (RMO) or Responsible Managing Employee (RME) can be arranged while buyer works toward the license. One of the pluses of working in a garage environment is you can work through all seasons and weather.

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Property Features and Assets:

Real Estate License ID: 01731143

Reason for Selling:

Semi-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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