UNDER CONTRACT - Well-Established and Profitabl...

Confidential, OH

Asking Price: Annual Revenue:
$6,000,000 $6,548,440

Services: Construction, Contractors

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RE: UNDER CONTRACT - Well-Established and Profitabl... Broker: Kate Vriner

Quick Facts

Asking Price: $6,000,000
Annual Revenue: $6,548,440
Net Profit: Not Disclosed
Cash Flow: $1,561,072
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 19
BBN Listing #: 305450385
Broker Reference #: ERLANKY001-N413

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Business Overview:

An established, well-respected garage door company that currently services Indiana, Ohio, and Kentucky. Not only does the company do new door installation, but they also do repairs and opener installation. Currently, the business has a 90-day backlog with a 25% down payment. While this company is currently able to do new installs in 8 weeks, most of their competition is 12 weeks out due to supply chain issues. Supply chain issues are not a big issue for this company due to its diverse supplier base. The company has highly trained installers and there is also a management team in place that will stay on after the transition. The company focuses on both residential and commercial, but there is significant room for growth on the commercial side of the business. The company can continue to increase the marketing that they do which includes, Google and Angie’s List. The owner is willing to pay a retention bonus to the current employees to assist in easing the transition. The owner understands the importance of a smooth transition for a buyer and will be willing to stay for a period of time that is agreed to by both parties.

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Reason for Selling:

Owner is looking to explore other opportunities.

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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