Annual Revenue: $5,250,000
Net Cash Flow: $463,000
Location: Southern, New Jersey
Founded in the 1970s, The Company is a privately-owned well respected, service business performing installation, repairs, and maintenance of residential and commercial garage doors as well as general maintenance, installation, and repairs of entry doors and windows.
The company has a well-trained staff many of whom have been certified by an outside rigorous training program and has an excellent industry reputation and brand awareness which has established it as one of the preeminent garage door installation and service companies in the region. The company serves 50% commercial and 50% residential customers and works with as many as 5,000 customers a year.
- Compounded annual sales growth of 12.9% over the last 3 years.
- Increasing EBITDA and decreasing operating expenses as a percent of sales.
- Superior name and reputation with many customer referrals.
- A seasoned workforce is willing to stay on after the acquisition including a General Manager.
Two locations in close proximity with three buildings: Location one: Showroom/office & Warehouse (combined 6,800 sq ft.); Location two warehouse (7,200 sq ft). combined rent of $6,500/month. (Not included in the sale)
Organization: One founding owner; registered as a C-Corporation.