Long-Established, Profitable Garage Door Sales & Service Company For Sale - 11591

Price
$720,000
Location
Category
Garage Door Installation & Repair
Description

Rare opportunity business with strong cash flow! Buyer(s) will assume a 4-decade legacy sales and services garage door company with manufacturer relationships and rave customer reviews. This profitable 5-STAR, full-service commercial and residential garage door company is in a St. Paul suburb, serving the Twin Cities. Award-winning reputation and consistently profitable year-over-year. Known for its reputation of great service and quality doors with competitive pricing. 2022 annual revenue over $1,600,000 with adjusted net income $340,000. 2023 looks even stronger. Business priced attractively at $720,000, not including door and parts inventory. Space is 2,400 square feet, a clean and updated property. Competitive monthly lease is only $1,716, includes CAM. Current owners are flexible and ready to retire.

 
Inventory NOT included in offering, estimated at $195,000, but will vary. Serious Inquiries Only. Buyer must have financial capacity. Seller Financing Available for Qualified Buyer for Business and Buildings.

Listing ID
11591
Value From Year
2022
Cash Flow
$341,286
Equipment Price
$180,000
Gross Sales
$1,610,373
Reason for Selling
Retiring
Value Of Real Estate Included
No
Value Of Equipment Included
Yes
Years Established
45
Full Time Employees
6
Part Time Employees
1

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