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Reputable Door & Window repair business

Oakland County, MI

Seller Financing Available

listing image
Asking Price:$250,000
Gross Revenue:$462,814
Rent:$1,800/Month
Established Year:1957
Cash Flow:$65,584
Inventory:$30,000
FF&E:$25,000
Listing ID: 2162498Listing provided by BizBuySell
BUSINESS DESCRIPTION

Profitable, significant room for growth Window repair business

***2024 update*** The business just won a new significantly large business that highlights the reputation of this business.

The business listed is A window repair shop that's operated in Metro Detroit for more than 58 years and earned a solid reputation is for sale. The business repairs all possible windows with a mastery and specialization for Old / Historical windows. Because this company is so strong in its niche, the historical window replacement market, they get inquiries from across South East Michigan. This business has been extensively awarded and is a preferred vendor of reputed window manufacturers like Pella, Anderson, Lincoln, Peachtree and Hurd. Two fully equipped trucks, can service customers anywhere.

In an fast growing industry, this company is a terrific purchase.
If you are looking to start a window repair franchise, forget it and get a unbelievable head start with this company
If you already own a door or a window repair business, add this to your portfolio and see your revenue / customer dramatically rise

DETAILED INFORMATION
Location
Oakland County, MI
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,040
Lease Expiration
03/11/2023
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1)Building with complete equipment like welding torches, cutting and wood working to work with steel and wood 2)2 fully equipped trucks
Competition
The industry is a growing industry. The industry is dependent on the overall economic environment. The Covid years have been a challenge but this year is definitely going up. The industry is witnessing larger job orders. Naturally, this is inviting more players into the market. However most new entrants focus on contemporary windows with a different business and delivery model compared to an established player like this seller
Growth & Expansion
Biggest Growth Opportunities in This Business 1) Better outreach 2) Try and grow the contemporary window business 3) The current customers have 2 trucks to service customers. A couple more trucks can almost increase sales by 50% to 75% Combine with a door replacement business: If an exisiting business that does Door and Glass replacement / repair business can buy H&R, they can maximize their revenue / customer. It is a complimentary business that comes in with a massive 20k customer database that rewards repeat business
Financing
The seller is very supportive of seller financing.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retiring
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Kalyan
Rachakanda
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Kalyan Rachakanda
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