Overhead Door Maintenance Company For Sale

Business description

Solid business opportunity that shows very steady returns. This long term business (27 years) has seen revenues increase every year since inception. The company completes repair services and does preventative maintenance on overhead doors, loading docks, electric openers, and radio controls. Door installations at customer sites are done from time to time. Some parts sales are made over the counter. The Company is able to service and maintain
roll-up doors on van type semi-trailers. Business has 4 half ton trucks which are fully equipped with tool cabinets, ladders, and all the necessary tools. Some of the repeat customers include hospitals, city owned buildings, fire stations, and airport facilities. Quality service and a large parts inventory has allowed this business to grow steadily over the years. 24 hour service is offered to customer base. Some residential and some
institutional customers but most of the customer base is from the commercial/industrial sector. Solid cindercrete block building that the business occupies and that is centrally located is available for sale as well.

Property information

Real Estate:

Lease

Lease terms:

No lease in place currently, building is owned by the business. All occupancy costs are paid by the business.

Location:

Just off a busy street, this business is centrally located with very good access to several main routes.

Other information

Expansion potential:

More commerical and industrial buildings with overhead doors and loading docks are being built currently, which will translate into more customers in the next few years. Opportunity to expand with the addition of truck(s) and more trained staff. Could offer services further away from the city (ie. > 1 hour away)

Competition / Market:

There are a handful of competitors but few specialize in providing service. This business has been owned by the same owner for 27 years and has established itself as a quality service provider.

Support & training:

Vendor will train the purchaser on all aspects of the business, including how to repair and service different installation.

Reasons for selling:

Owner wants to slow down but is willing to stay on part-time to continue doing service jobs, if purchaser agrees.

Trading hours:

Mon.- Fri 8-5, 24hr on call

Financing available:

Possible financing by Seller.

Furniture / Fixtures value:

$38,000 (included in the asking price)

Inventory / Stock value:

$55,000 (included in the asking price)