San francisco commercial door installer and service provider
Annual gross revenue: $738,000
Annual net cash flow: $225,000
Furniture, fixtures & equipment: $25,000 (included in price)
Inventory: $7,000 (included in price)
Summary: established in 1984 in san francisco, this business has an excellent, long-term reputation for expertly installing, maintaining and repairing commercial and industrial access control systems, security gates and doors of almost every type, including but not limited to steel and aluminum roll-up, side-rolling, personnel doors, etc., whether operated by manual-push, chain-pull, or motor. Its skilled technicians do their part to ensure the security and safety of buildings and premises such as warehouses, parking garages, car washes, machine shops, auto service shops, self-storage centers, and much more. The company's long list of loyal clients includes some of the bay area's largest businesses and organizations.
This is an excellent opportunity for an existing commercial door or building service contracting business to increase its footprint in san francisco and beyond, or for an individual with the requisite business skills and mechanical aptitude.
Location: san francisco, ca
Facilities: 4,000 sf (class b commercial real estate with warehouse and office space) in san francisco. The business seller owns the real estate and will provide a lease with fair market terms, or a buyer of the business can purchase the real estate by making a strong offer.
Competition: there are several general door service contractors but only a very small number in the san francisco bay area that specialize in commercial doors, and that offer such a comprehensive range of access control and door services.
Growth and expansion: there is plenty of customer demand for growing the business. For the most part the seller has all the work he wants to handle, and he has not proactively marketed the services of the business, instead primarily just relying on repeat customers and referrals that come from those relationships. An energetic new owner should be able to grow the business significantly through various marketing channels and efforts, especially online. Also, as the business grows and staff is added, much could be done to improve efficiency and effectiveness by introducing some new technologies such as software for basic project management tasks such as bidding, scheduling, progress monitoring, performance reporting, etc. This business is on a solid foundation for taking it to the next level.
Support/training: the seller will provide up to 2 weeks, 20 hours per week, of training and introductions to help ensure a smooth transition to new ownership. He is also willing to stay on for up to year with an acceptable compensation.
Reason for sale: retiring
Year established: 1989
Employees: one full-time office administrator and 3 full-time technicians (including owner)
Financing: this business is pre-approved for some sba financing for a qualified buyer. And the seller may provide some financing for a well-qualified buyer with a substantial down payment.