Profitable Garage Doors, Gates, South Bay-OC, SBA qualified

Los Angeles County, CA

Seller Financing Available
Profitable Garage Doors, Gates, South Bay-OC, SBA qualified
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Asking Price: $1,795,000

Cash Flow: $491,229

Gross Revenue: $1,808,977

EBITDA: N/A

FF&E: $0

Inventory: $24,000

Rent: $3,500 per Month

Established: 1973

Profitable Garage Doors, Gates, South Bay-OC, SBA qualified

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Business Description

Specializing in the sales, repair & service of garage doors, remote controls, and automated gate systems. Established for over 50 years.$1.8 million+ in sales, $491k discretionary earnings, Apx 60% commercial, 40% residential. Well trained professional staff of 9 dedicated employees.

Extraordinary service, professionalism, and responsiveness set this business apart from other garage door, gate sales, repair, and service companies.

The owner is ready to retire and seeking a qualified buyer. Sufficient training and support will be given for a smooth transition. Buyer C61-D28 contractor's license a plus. Individual buyers should have direct industry experience. Some Seller financing & SBA Qualified.

Heads up competitors! Strategic acquisition and growth opportunity. Immediately accretive to your revenue, client base, and bottom line! This is an established business. Serious inquires only, please. Interested in learning more? Please contact Phil Wolfstein directly.

Detailed Information

Location:
Los Angeles County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,400
Lease Expiration:
N/A
Employees:
9FT / Owner FT
Facilities:
The business operates from a 6,400 +/- sq ft facility consisting of 5,800 sq ft showroom/warehouse and 600 sq ft office space. New long term lease available for a qualified Buyer subject to credit approval.
Growth & Expansion:
Dominant Garage door and automatic gate business in the area.
Financing:
Seller will accept a note for $270K, payable at $6,403.04 per month for 48 mos.
Support & Training:
Seller will provide training for 4 weeks at 20 hours per week following the close of escrow, included in the purchase price. Sufficient training and support will be given to a qualified buyer for a smooth transition of the business.
Reason for Selling:
Retirement
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Phil Wolfstein

Business Listed By:
Phil Wolfstein

Zoom Business Brokers


Sponsoring Broker:
Zoom Business Brokers

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Ad#:1802393

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