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Garage Door Repair and Installation

Bethel, Connecticut (Fairfield County)

Services - Miscellaneous Repair | Services - Other Miscellaneous services

Asking Price $180,000 Inventory $5,000* 
Gross Income $310,000 Real Estate  
Cash Flow $60,000 Year Established 2002
FF&E $25,000* Employees 3

* included in the asking price

** not included in the asking price

The business is engaged residential repair, installation and repair of garage door openers, door and opener installations. The business does approximately 80% repairs and 20% new installations. The repair service they provide would include new springs, door openers, machine repairs, wood door replacement due to rotting and other services. The business does not engage in any commercial repair or installation work at this time. The strength of the business is the customer service they provide. Additionally, the business services over 100 miles of territory (servicing both Fairfield and New Haven counties in CT). Most all of the new doors installed are from Clopay (almost 99% of the work). Additionally, the business sources materials from the Haas company. Doors constructed of steel, vinyl, wood are installed as well as garage door openers installed and/or repaired.

Facilities: The business is operated out of a home office. The nature of the business allows for the absence of a storefront and office space. This reduces the operational costs for the business and provides an easy transition for a new owner of the business (who may wish to combine this business with a similar business they currently own).

Competition: The present competition only covers within five or ten towns in Fairfield County, and spans a much smaller 30-mile service area radius, (this business covers more than 100 miles)!

Growth/Expansion: A new owner of the business can grow the revenues in various ways, the most immediate way being the introduction of commercial customers to the service offerings. There is a huge market for this type of customer; however, it would require a financial commitment by the owner to put this in place.

Financing: Available with terms to be discussed.

AD # 255716

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