SOLD – Profitable service business with steady work and backlog. There is a tremendous growth opportunity for the right entrepreneur with this turnkey business. Locally family owned and operated in Southwest Michigan and has an excellent reputation on Google and Yelp!
With a full range of garage door products and services, the business serves both residential and commercial clients, including industrial and agricultural applications as well. They pride themselves on giving the most professional, fast and friendly service in the area.
Garage Door (Residential and Commercial)
$1,280,000 (2020 projected)
$107,000 (2020 projected)
Plus Inventory (not included, approximately $120,000)
$180,000+ (included in asking price, inquire for details)
Long standing, decades of service and track record
Owner plus 9 FT / 1 P/T and 1 IC
The business is centrally located and owns the property. Located on approximately 2 acres with 5,400 sq ft of space including 1,300 sq ft office and showroom. This business is on a well-maintained paved road in a great business district.
Available for lease or purchase. Seller is willing to be flexible with the right buyer.
According to IBISWorld this has been a growing industry over the last five years with current investments in existing structures as well as new construction. This industry is expected to grow through 2024 as demand is predicted to remain in both the residential and commercial markets. In particular developing a sales team and adding to the installation team could lead to significant sales increases as demand has been extremely strong over the last several years. An update website should also aide in growth.
Although there are competitors in this space, the competition is limited which explains the constant demand and backlog of orders, making this a great opportunity for a new business owner or an existing like kind business looking to expand in the region.
Alternative financing options available for qualified buyers, ask for details.
Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining an understanding of the customers and vendor partners. Seller is also willing to stay on if needed for an extended transition.
Seller wants to eventually retire and spend time with family.
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