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Commercial and Residential Garage Door Service Company

Location: Northern Virginia

ID: (#200814)

200814
Price:$850,000
Revenue:$1,400,000
Cash Flow:$238,902
FF&E (Assets):$250,000
Inventory:$5,000
Real Estate:$0

Overview

This company specializes in garage door installation and service for both commercial and residential clients located across Northern Virginia and Washington, D.C. They are locally owned and operated.

The business has an excellent reputation and a strong client base in place. Excellent growth opportunity as all business is driven from repeat customers, client referrals and key property management relationships.

The company has experienced year over year revenue growth since 2019, with 2021 trending up 27%. Revenue is nicely balanced between commercial and residential services and has proven to be financially resilient during COVID-19.

All systems, processes, and employees are in place for a smooth transition to a new owner.

Details

Reason for Selling:

Retirement

Established:

1999

Employees:

7.5

Furniture, Fixtures, and Equipment (FF&E):

Includes a fleet of 7 service trucks

Facilities:

N/A

Support and Training

The seller is committed to ensuring a smooth transition of ownership, including training and support for 30 days. After that time, seller and buyer may enter into a consulting agreement for terms and conditions to be mutually agreed upon.

Broker Contact Information

  • Zach Reed
  • Virginia - Richmond
  • (678) 897-0325 Mobile
  • (804) 302-4647 Office
  • (804) 348-0286 Fax
  • By Appointment Only
  • Virginia - Richmond
  • By Appointment Only
  • Richmond, Virginia
  • Real Estate Broker: