
Residential and Commercial Overhead Door Company
Price: $625,000
Location: Gaston County, NC
Industry: Construction
Listing ID: 8082008
Listing Status: Under Contract
Established & reliable speciality Garage Door Installation and Service Company with a successful track record and growing niche in the Commercial and Residential sectors.
Located in the greater Charlotte Metro area, this business provides a steady stream of work via numerous relationships in the region and holds tremendous upside for a new owner. Well managed, this business is currently owner operated but could easily be absentee run with just a few small changes by the acquirer.
Deemed ‘essential’ through the Pandemic, this business has achieved pre-pandemic revenue levels, is fully staffed, and provides a myriad of straight-forward growth paths for a new owner.
The sale includes all processes, well maintained equipment & vehicles, job supplies/materials, and an established team of technicians.
Total Sales: $1,010,000
Cash Flow: $150,000
FFE: $240,000
FFE Included: Yes
Inventory: $10,000
Inventory Included: Yes
Year Established: 2016
Employees: 7
Real Estate Included: No
Franchise: No
Relocatable: Yes
Facilities Information: Relocatable within the Region. This business requires a small yard to park the trucks and a locking building to store equipment and job related supplies. It is currently being housed in a temporary location and will need to be relocated within six months of a sale closing. (Home Based)
Reason For Sale: Retirement.
Training & Support: The seller is willing to train and provide support for up to 2 weeks after the sale. The seller is also willing to connect the buyer with all supplier and service provider relationships to keep the business running smoothly.
Competition: There are other garage door companies in the area, but none that offer the level of service and care on both Commercial and Residential jobs that the company provides to their customers, let alone any with the breadth of services offered to Commercial clients, including warehouses, industrial spaces, and regional distribution centers for such companies like Amazon. They have set themselves apart by being able to handle large jobs and even being willing to travel outside of the immediate region if the job requires it.
Potential Growth: Continuing to develop relationships within the Commercial and Industrial sectors, particularly with regards to offerings such as Preventative Maintenance Plans, Dock Work, and other necessary elements to keeping these facilities running smoothly and safely is a sure path to growth and recurring revenue. These themes are also in keeping with the manner by which the company operates and represents just two easy avenues to sustained growth.
