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  • Listing Number: 200-20937

  • Category: Construction

Asking Price $175,000
Down Payment
Gross Revenue $622,997
Total Adjusted Net Income $114,433
Equipment / Fixtures $45,000
Year Established 2015
General Location
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This Garage Door installer has a well-branded reputation, 5 star ratings and is growing.   2020 ended up being one this businesses best years and 2021 has continued in a similar trajectory. Their focus has been the replacement and repair of Garage Doors.   They have a very experienced team in place of installers.  The Sellers role has been on Sales and management of the company and crews.   He also has a good system of generating new business and producing consistent results.   The business can operate from anywhere in the Hampton Roads area as there is no need for a show room or stand alone office.

Seller will accept 150k cash offer, or 100k cash and 75k Seller financing.

Gross Revenue $622,997 Listed Price $175,000
Total Income $114,433 Down Payment
Base Rent Square Feet 400
Total Rent $175 Lease Expiration
Rent Deposit Lease Options
Inventory $5,000 Leasehold Improvements $0
Equipment / Fixtures $45,000 Other Assets
Full-Time Employees 4 Training Period 2 weeks
Part-Time Employees Special License Required Class C Contractor/ Home Improvement Specialty
Contract Staff Reason for Selling

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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