37509-Strong Profit Margins- Garage Door Sales & Service

Bellevue, WA (King County)

Seller Financing Available
37509-Strong Profit Margins- Garage Door Sales & Service
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Asking Price: $649,500

Cash Flow: $230,000

Gross Revenue: $579,000

EBITDA: $142,000

FF&E: $23,000

Inventory: $35,000

Established: 1985

37509-Strong Profit Margins- Garage Door Sales & Service

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Business Description

Pre-qualified for loan! Located in Washington, the company is a specialty trade contractor offering a full line of garage door sales, service and repairs. They operate from a 1,040-square foot, leased facility featuring a storefront, warehouse and office space. The company has a proven track record supported by over 30 years of ongoing business and hundreds of excellent reviews and testimonials. The marketing efforts focus on targeting residential customers within two counties. Per historical experience, if commercial marketing efforts were increased again, revenues would most likely double. In addition, the business would substantially benefit with an increased presence. Last year, total revenue was $579,594 with an average net income over $100,000. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. Both employees are reliable, professional and experience, they would be available to stay after the sale, the owner would be available up to one year. Revenue Breakdown by Market: Residential 89%, Commercial 6% and Industrial 5%.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner will be available as needed up to one year for the new owner.
Reason for Selling:
Approaching retirement
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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