Bay Area Overhead Door Sales and Service, Commercial and Residential

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Asking Price:
$420,000

Gross Revenue:
$588,598
Cash Flow:
$205,838
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$60,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Top notch reputation with customers and robust profits make this a great service business opportunity for buyers in the South SF bay area (HQ), while providing service the greater bay area. Established in 2001. Included are 3 vehicles and tools required to service their commercial (70%) and residential (30%) clients. They get referrals from contractors and HOAs, along with some clients from Angie's list and Yelp.

This is a great opportunity for another seller / installer to expand their market share. CSLB C61 / D28 Licenses will need to be obtained by the new owner.

The business is currently configured to operate from a residence, so no lease assignment required. While working hours could be expanded, the business is open M-F, 8-5 with a few exceptions for some commercial clients. With more energy, technicians, and weekend hours, there is plenty of room for expanding the business.

This opportunity has been reviewed by an SBA lender and can be financed by a qualified buyer with 20% down.

About the Business

Location:
San Jose, California
Year Established:
2001
Number of Employees:
3
Facilities:
The business is currently being operated out of the owners home. Nearly all product is shipped directly to the client locations, and the vehicles carry all the required service and installation equipment. No showroom or yard is required.
Market Outlook/
Competition:
The business has a great reputation for quality work, quick response to calls, and overall reliable service. Their business is primarily though contracts with businesses, but also sell and service residential which adds diversification to the client mix.
Growth & Expansion:
Current owners have created a mostly 9 to 5 weekday-only business. This allows for a good lifestyle by managing client expectations. If a new owner wanted to expand, just open up the working hours to include weekends, and add technicians. Your choice.
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About the Sale

Reason For Selling:
Seller is leaving the bay area
Training/Support:
Owner will train for 2 weeks, 40 hours per week or as required by the buyer to successfully take over the business.

Listing Info

ID:
1651114
Ad Detail Views:
0

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Business Listed by

Robert Hartman

Western Business Sales
License# 02015203

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