Garage Door Retailer And Installer, Incl. RE (Nassau/Suffolk County)
Garage Door Retailer And Installer, Incl. RE (Nassau/Suffolk County)
Price: $2,400,000
Location: Nassau County, NY
Industry: Construction
Listing ID: RaptID5590
This is an excellent opportunity to acquire an-established, profitable residential & commercial garage door retailer & installer, with RE. SBA financing of $2MM is available to acquire the business & RE, allowing for a small buyer investment. The firm has an excellent staff allowing the seller time for another business interest & still work 9 to 5, daily.
While the business has shown continued strong financial results, the owner is selling to enjoy more leisure time. Lately, sales have only been limited by supply chain issues! The home improvement industry continues to be strong & with more people working from home, is experiencing a growing sales demand.
SBA lenders have expressed that financing of up to $2MM is available to a qualified buyer. We would be pleased to refer potential buyers to bankers with an interest in this deal. The firm has a strong management team in-place, assuring continued business success. The seller is motivated, and the deal is priced for a quick sale.
Total Sales: $3,313,876
Cash Flow: $441,237
FFE Included: Yes
FFE: $100,000
Reason For Sale:
Owner wants to enjoy more leisure time.
Training & Support:
Seller will remain for reasonable period of time to transition business.
Year Established: 1989
Employees: 9
Type of Location: Owned
Square Footage: 2000 sq.ft.
Facilities Information:
The business is conveniently located on a major artery, in a well-maintained, middle-income community. The property includes two buildings - an ~2,000 sq. ft main building (showroom & warehouse), and a (~1,200 sq. ft) warehouse building – situated on an ~1/4-acre lot (60’ X 197’) with ample room for parking and storage. The property is gated in the rear and has parking for 10-12 cars.
Competition:
The primary competition is "big box" outlets such as Home Depot & Lowes. The firm has an excellent reputation and most of their business is from past customers, or referrals and enjoy a unique position in the marketplace.
Potential Growth:
There is significant room for growth. Present ownership concentrates on business in Nassau & Suffolk County. A younger more aggressive owner could look to expand a bigger area.
Financing/Terms:
SBA financing of $2MM available to qualified buyer.
For more information on this listing, please complete our Non-Disclosure Agreement
