Location
Contact Person
Henry Weaks, CBI, CBB
Phone
310-430-9626
Annual Revenue
$ 854,687
Price
$ 535,000
Cashflow
$ 268,402
Category
Automotive
Year Established
1971
Employees
2
This Profitable & Reputable 43 year old Business in the South Bay area of Los Angeles has been successfully selling, installing, and servicing lift gates, roll-up doors, and parts for trucks, trailers, vans, etc. Outstanding commitment to customer service and well respected in the industry.
Los Angeles is the selling capital of lift gates and roll-up doors. As one of the largest vendors in the Los Angeles area, they offer a large range of high-end lift gates, roll-up doors, and parts. The company has recently ventured into selling parts for lift gates and roll-up doors. Selling these parts has increased the profit margin for the business. Parts are sold domestically, nationwide, and internationally.
The business is located in a Prime commercial business area, off major freeways, in the South Bay area. This profitable business services Los Angeles, Orange, and Riverside counties. The company also provides services at their facility and at the customers’ place of business. As well as providing 24-hour road-side assistance.
Sellers Discretionary Earnings are up over 25% for last fiscal year ending June 30, 2014. This is a great business for someone looking to oversee a consistently profitable business with experienced and long term employees in place. Seller does not work full time on this business.
Their customer base includes companies from all types of industries: Movie & Television Studios, Productions Sites, Local, State Government Agencies, Hospitals, Parks & Recreations, Nurseries, Logistic Companies, Distribution Companies, Produce Industry, School Districts, Moving/ Transportation Companies, Catering, Janitorial, Dealerships, Fleet Services, Utility Companies, and many more.
This business has verifiable good books and records. The Seller is retiring due to health reasons. Seller financing is available to a qualified buyer. Call for additional details. All buyers must sign a confidentiality agreement prior to receiving additional information. Please hit the reply button or contact Henry Weaks at hweaks@business-team.com or 310-430-9626 for additional information on owning this profitable and successful business.
Market Conditions & Competition
43 years established in the industry has given them goodwill and loyal customer base. Moderate competition in the area.
As per the Seller, there are several areas of growth that the Seller will discuss.
Financial Summary
N/A
Training & Support
Seller will provide training at no cost to buyer.
Reason for Selling
Owner preparing to retire.