Residential/ Commercial Elevator Dealership

Houston, TX
Harris County


Asking Price: Annual Revenue:
$2,000,000 $2,500,000

Services: Home Improvement, Repair, Painting


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RE: Residential/ Commercial Elevator Dealership Broker: George Walden
Owner Financing is Available!

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $2,500,000
Net Profit: $300,000
Cash Flow: $500,000
Total Debt: $250,000
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 7
Employees: 8
BBN Listing #: 461360346
Broker Reference #: Profile 3584

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Business Overview:

Highly rated, family owned and operated residential and commercial low-rise elevator dealership serving the Gulf Coast area.

Products include:

Traditional Elevators- Elevators provide convenient access to all levels of a home and business, especially for those who have trouble walking from one level to another.
Vacuum Elevators Requiring No Shaft- The Pneumatic Vacuum Elevator (PVE) offers a fully transparent panoramic view without any obstructing cables, pistons, or shaft.
Limited Use/ Limited Access Elevators- There are applications for small commercial buildings and low-rise buildings. Educational settings, places of worship, low-rise apartment buildings, and small professional offices up to three stories are candidates for these applications.
Wheelchair lifts and Inclined Platform lifts- Serving both the commercial and home needs of the medically challenged.

Services include:

Planning, Design, Shaft Construction and Installation of the Elevator, Annual Elevator Maintenance.

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Property Features and Assets:

Trucks, Equipment and Inventory

Market Competition and Expansion:

For the year 2020 Covid 19 has hurt the industry, not from a lack of orders, but manufacturing processes have slowed. The industry overall was expecting a 2% annual growth over the next five years. The company has no expansion restrictions.

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.

Relevant Links:

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