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Overhead Garage Door Service
Location Colorado,United States
Asking Price Range $250K - $500K
Gross Revenues $1097725
Net Profit / Cash Flow $212260
Cash Flow Type EBITDA
Seller Finance No
Year Established 1989
Number of Employees 4 - 5
Inventory 160000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training 4 to 6 weeks as needed
Reason for Sale Moving on
Description With more than 23 years of experience, this business has become a leader in garage doors and related Services in Northern Colorado. The sales mix is 60% commercial, and 40% residential. The current 4 employees have over 21 years of combined experience. The company provides emergency service, but is normally open M-F 7:30am to 5:00pm. The current inventory level is $15000, which will be adjusted to actual as of the closing date. A new lease of $2,300 per month includes an office building of 792 sq ft with a one car garage and 2 car detached. The lot is appx 0.26 acres zoned B-1. This is a ranch style two bedroom house with one bath which is being used as the office for this business. Shop and supply area is appx 4,410 sg ft on 0.51 acres and has 8 overhead doors for easy access. Zoned B-1 (retail and service business). The business provides garage door and electric operator installation, repairs broken springs, failed remotes & keypads, stuck rollers and hinges, and damaged panels. They use quality Clopay and Liftmaster and Genie products. The business was established in 1989, and the current owner is the forth owner. They have over 4,000 established customers and contact information in their data base. There is no other garage door service within a 50 mile radius. Expansion is unlimited. They presently do not market or advertise. .
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