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UNDER CONTRACT! Very Profitable Automatic Gate Fabricator & Installer

Dallas County, TX (Relocatable)

Seller Financing Available
UNDER CONTRACT! Very Profitable Automatic Gate Fabricator & Installer
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Asking Price: $849,000

Cash Flow: $501,833

Gross Revenue: $1,267,379

EBITDA: N/A

FF&E: $10,000

Inventory: $15,000

Rent: $545 /Month

Established: 1986

UNDER CONTRACT! Very Profitable Automatic Gate Fabricator & Installer

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Business Description

This business provides Automatic Gating and Access Control Services throughout Texas and surrounding states. This company installs gates from a full line of name brand automatic-gate operators for residential and commercial clients all over the DFW Metroplex. Additionally, this business installs card-entry systems for automatic gates, solar panels, keypads, residential and commercial-telephone-entry systems, CCTV cameras, safety and exit devices. The business has contracts with multiple vendors and contractors where the gates are fabricated locally at its warehouse however the company has professionals who can fabricate, deliver and install automatic gates, regardless of customer location. The business is being offered with inventory and all existing clientele. There is almost $500K worth of contracts pending in the pipeline from referrals and repeat work alone.

This company has been in business since 1986. The business has been managed by two partners and it has grown steadily over the past several years. This business have both, residential and commercial clients. One of the partners has passed away and the other wants to retire. Seller is looking for a motivated buyer who can continue to run this business and grow it further.

Due to its strong financial history, a national lender has pre-approved this business for an SBA loan. A qualified buyer only needs $100,000.00 down payment to purchase this business.

Detailed Information

Location:
Dallas County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Currently the business is operated from a 1000 sq.ft. facility located in an industrial plaza with office space and a warehouse for monthly rent of $545 (includes NNN). The lease is on month to month basis with only 60 days termination notice. The business however can be moved to any other location.
Competition:
This is one of the few businesses of its nature where in addition to installing automatic gates, it also installs card-entry systems for automatic gates, solar panels, keypads, residential and commercial-telephone-entry systems, CCTV cameras, safety and exit devices. This business has built a very solid reputation around the quality of its services with clients and sub-contractors over the last 33 year. In short, no other company matches the breadth of services and customer service provided by this business.
Growth & Expansion:
Current owner has not been doing any aggressive marketing. The current business owners have been mainly generating revenue based on repeat work, referrals and occasional new accounts. The marketing strategy has been very limited through social media and direct marketing. With this limited marketing the company has close to $500K worth of sales lined up. The potential of growth is very high for this business with additional marketing and potentially securing contracts with commercial public storage facilities.
Financing:
100000.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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Mohammed Khan

Business Listed By:
Mohammed W. Khan

Transworld Business Advisors

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Sponsoring Broker:
Saleem Marwat, MBA

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