This simple overhead door business started in 1978 and serves customers on the Front Range of Colorado. Unlike the franchise competitors who focus on tract homes, this company specializes in high quality residential steel insulated carriage house and wood toned doors for custom homes, commercial heavy duty overhead doors for businesses and service for property management companies. They also create new custom garage doors for high end clients. They have a stocked parts department and offer same day emergency service.
Ninety percent of the business’s revenue comes from residential work and the rest is commercial. Their technicians are equipped with the latest tools needed to repair and/or replace almost any type of overhead door. The company is an award winning factory direct dealer in the region for two major suppliers.
Employees2FT, 3PT
FacilitiesThe owner is willing to lease the existing building to the buyer. Alternatively the company could easily be relocated anywhere in the region.
Financials
Asking Price: $295,000
Included in the Asking Price: Trucks, equipment and inventory worth $58,000
Revenue: $625,000
Cash Flow: $123,000
Market Outlook
Competition: The business delivers high quality products at a better price than the franchise competitors due to lower operating costs. Their competition primarily comes from larger franchises who primarily target new tract homes. Our business differentiates from the franchises by serving high end custom homes with custom doors and excellent service.
About the Sale
If the buyer has not worked in the overhead door industry, the owner will include garage door training during the handoff period – 30 days at no charge. Seller plans to retire after the sale and business handoff.
