Overhead Door Service and Installation
This established overhead door service and installation business was founded 32 years ago by its current owners. With steady, growing revenues and cash flow, it is well-positioned for the next owner to grow and thrive in the lakeside town north of Houston, TX where this business is located.
The business serves both residential and commercial customers, with 5 employees including the two owners (husband and wife). A majority of the company's sales are residential garage door installation and service, with a small percentage contributed from commercial overhead door replacements and parts sales. The current owners do very little marketing and no direct sales - all sales come in via word of mouth referrals and repeat business.
While a majority of the company's revenue comes from garage door installations, a number of these are replacement aging or damaged door, mitigating dependence on new construction.
The business operates out of an owned facility. The owners are open to either continuing to lease space to the business or selling the real estate to the next owner. Real estate is not included in the operating business asking price.
Veritex Bank in Richardson, TX has reviewed the supplied financials and confirmed the business is eligible for SBA financial, and the historical cash flows will support SBA debt.
Financials (USD)
Asking Price $800,000
Cash Flow $309,397
Sales $1,274,939
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? Available On Request
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