Overhead Door Installation and Service, Commercial and Residential
Asking Price: $420,000 Gross Revenue: $588,598Cash Flow: $205,838 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $60,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
San Jose, California
Number of Employees:
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.
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.
Bay Area Overhead Door Sales and Service, Commercial and Residential
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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