Seller's Contact Information
- RE: Successful Overhead Door Company-Lender Pre-Apprvd
- Contact: Kevin Dover
Quick Facts
Asking Price: | $880,000 | |
Annual Revenue: | $1,241,333 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $256,816 | |
Total Debt: | Not Disclosed | |
FF&E: | $35,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1993 | |
Employees: | 6 | |
BBN Listing #: | 74574955 | |
Broker Reference #: | 6021-17602 |
Business Overview:
Operating for over 30 years and is now a second-generation family-owned business. Over the years, one thing has remained constant - Customer Satisfaction is the #1 goal. Word of mouth has always been their best vehicle for advertisement. The priority of each job is to make every new garage door customer a long-time regular customer and to tell their friends and family about this company and how happy they were with the service provided. This is a professional company that prides itself on customer satisfaction with the best possible service in the industry.
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Property Features and Assets:
The current location is leased at $2,250 monthly it does not include insurance, maintenance, and taxes. This lease expires in September 2024. There is no real estate included in the sale. Assets = $35,000
Market Competition and Expansion:
There are five companies in the metroplex that we would consider competitors and plenty of fly-by-night owner-operator repairmen. Our customer database of over 300 repeat customers speaks for itself. North Texas has seen some of the fastest population growth in our country’s history. From 2019 to 2022, Fort Worth grew from the 19th largest city in the country to number 11 in 18 months. Construction in the north Texas Corridor has been nonstop. Incorporating an aggressive marketing and sales campaign and partnering with high-end residential builders would be significant growth opportunities.
Reason for Selling:
Downsizing in preparation for retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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