Seller's Contact Information
- RE: Profitable -Overhead Door Company - Eastern NC
- Contact: Tony\/Jarma Khoury
Quick Facts
Asking Price: | $399,000 | |
Annual Revenue: | $1,096,631 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $225,983 | |
Total Debt: | Not Disclosed | |
FF&E: | 157,500 | |
Real Estate: | Not Disclosed | |
Year Established: | 1965 | |
Employees: | 6 | |
BBN Listing #: | 11558201 | |
Broker Reference #: | 13485-184144 |
Business Overview:
Are you interested in a business that makes money and has lots of potential to grow?
Request more information and check out the details! This one has both!
*****Real Estate MUST be purchased with Business ****
Business Price $399,000
Real Estate $ 751,000
$1,150,000 for Business and Real Estate
20 % Seller Financing is offered *qualified buyer *
This business with Real Estate is prequalified for an SBA 7a loan.
Showroom/office with warehouse storage and a fenced-in area for equipment
Very desirable location with high-end professional businesses adjacent
Long-standing and loyal client base.
This business is perfect for an owner/operator who would like to control their own destiny.
The seller is willing to stay on and assist with a smooth transition, introducing the buyer to both suppliers and his client base.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Real estate, which includes 7,500 sq.ft. of storage and office space, is included in this transaction. The building was constructed in 2011- Excellent condition- surrounded by high-end businesses- medical practices, etc.
Market Competition and Expansion:
This profitable company was started in 1965 with $1,750.00. Over the years the company grew into the largest Raynor Garage Door distributor in North Carolina. The owner has worked in the business for over 40 years and has built an outstanding reputation and client base. According to Business Reference Guide: Industry growth will be 2.3 % in coming years Gross Profit Margins will continue to Rise for business embracing service and technology shifts. Increased consumer spending on home improvements is driving growth in this space. Homeowners are increasingly adding Smart Connected Devices such as Doors and Door locks that are software driven.
Reason for Selling:
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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