SF East Bay Area Commercial Door Installation & Maintenance Contractor
Financial Information
- Asking Price: $1,200,000
- Gross Revenue: $2,500,000
- Cash Flow: $309,000
- Down Payment: ON REQUEST
- FF&E (Included): $300,000
- Inventory: N/A
- Financing: Yes
Business Location
- San Francisco East Bay Area
- California
This fifteen-year-old company has been consistently profitable for the past five years. In addition to selling new installations of commercial doors, gates and other entry control systems, they have several ongoing maintenance contracts which provide steady, recurring cash flow. The customers include Fortune 500 companies, major food and drug distributors, wineries and local, state and federal government agencies. The warehouses and offices are well located to facilitate serving the San Francisco East Bay Area and the Sacramento River Delta. Key employees have been with this company for four to ten years and are expected to stay with the business.
Competition Description
While the competitors tend to focus on a limited line of products, this company prides itself on a full array of entry control systems. In addition to roll-up and speed doors, they sell, install and service loading dock equipment, automated gate systems, cold storage doors and more, making them a truly one stop source.
Growth / Expansion overview
The seller has done little marketing, relying primarily on word-of-month referrals and contract renewals based on the company’s excellent reputation for quality products and services. A new owner could gain significant market share by a more pro-active focus on marketing efforts. Addition growth could be realized by possibly opening satellite bases to cost-effectively expand operational reach to other areas of the Greater Bay Area and beyond.
Support / Training Comments
Seller will stay for a reasonable amount of time to help successfully transition the business to a new owner.
Financing Comments
Seller may provide some financing for a well-qualified buyer with a substantial down payment.
Reason For Sale
Retirement of Owner- Home Based: No
- Year Established: 2005
- Franchise: No
- Year Acquired: 2005
- Willing to Train: Yes
- Relocatable: No
- Required Licences: Business, Contractor
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Fulltime Employees: 15
- Part time Employees: N/A
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A