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Door & Hardware Supplier - Commercial For Sale

San Mateo County, California - North
Asking Price:
$799,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,400,000 (USD)
Cash Flow:
$380,000 (USD)

This established door and hardware supplier has served Bay Area commercial and residential clients for 15+ years by offering custom and ready-made doors as well as complimentary door hardware. The full-service shop provides field measurement, estimating, framing, plan take-offs and delivery. No contractor’s license is required as 3rd party installers are utilized by clients.
Strengths include a strong reputation, well run facility, quality products, and an experienced staff. In addition, they have relationships with industry leading vendors and strong ties to many local commercial builders which allows for mostly referral based business.

The current owner is ready for retirement and seeking acquisition by an established firm or business professional with experience in woodworking or business management and a passion for high quality customer satisfaction. He will provide training to ensure a smooth transition.

Property information

Real Estate:

Lease

Lease Terms:

Monthly

Lease Rent:
$10 (USD) per sq ft per annum
Location:

San Mateo County, CA

Premises Details:

4,400 sq ft facility includes a shop, office, and small showroom.

Business Operation

Expansion Potential:

The revenue has been quite stable, but only based on lifestyle choices to not expand. With growing profits, this business is ready to take advantage of the increasing market demand. Simple Growth strategies could include the addition of a quote estimator, the addition of a business development person to grow key accounts and investment in PPC or SEO.

Reasons for selling:

Retirement

Trading hours:

8-5 Mon-Sat

Employees:
3 FT, 2 PT
Years established:
2011

Other Information

Support & training:

4 wks, 20 hrs per week for smooth transition

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

For pre-approved SBA qualified buyer, some Seller financing

Furniture / Fixtures value:
$70,000 (USD) - included in the asking price
Inventory / Stock value:
$30,000 (USD) - included in the asking price
Related Documents:

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