50 Year Established Service Business - Owner Works Part Time

MO (Relocatable)

Seller Financing Available
50 Year Established Service Business - Owner Works Part Time
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Asking Price: $1,150,000

Cash Flow: $299,596

Gross Revenue: $1,800,000

EBITDA: $199,596

FF&E: $250,000

Inventory: $136,826

Established: 1965

50 Year Established Service Business - Owner Works Part Time

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Business Description

Well established service business with 5 decades of experience. The main focus - providing and installing overhead garage doors. Over time this business has developed a strong reputation in the security gate industry. The owner is retiring after many profitable years of serving customers in the Kansas City area. Staff in place that can continue with a new owner. A solid business concept in an industry that has increasing demand with high-income demographics.

Detailed Information

Inventory:
Included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fully equipped warehouse with surplus office space fits current needs and creates a environment for growth. Could be relocated if desired. Equipment includes 10 service vehicles loaded with tools that have been continually updated and well maintained. No upgrades required by a new owner..
Competition:
Commercial and residential combined with service calls and new installations provides a level of diversification. Certainly not the largest or the lowest price in this market. Well known for their reliability and quality. Higher income demographics that search for quality and spend in all economic conditions is the targeted demographics.
Growth & Expansion:
This operation has established systems in place but could benefit by implementing technology. Minimal investments have been made in the area of marketing. The owner has worked a reduced schedule in recent years.
Financing:
At sellers discretion depending on circumstances
Support & Training:
Low employee turnover has created a solid, stable, knowledgeable staff. Employees are well compensated and are expected to continue under similar conditions. Product suppliers are a great resource for ongoing training and problem-solving situations. The current owner can help transition in a sales/consulting role for up to one year.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Chris Kerth

Business Listed By:
Chris Kerth

Murphy Business & Financial Corporation

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