Closed transaction · July 2024

Apple Garage Doors

MDR & Associates took Apple Garage Doors, a garage door company, through to closing in July 2024.

Apple Garage Doors logo

The transaction

  • ClosedJuly 2024
  • SectorHome services
  • LocationDallas, Texas
  • BuyerStrategic buyer
  • Engagement to closing45 days
  • Represented byMDR & Associates

The sale

How it ran

Apple Garage Doors, a garage door company in Dallas, came to us 45 days before it closed in July 2024. It was sold to a strategic buyer, found through the same confidential process every company we represent goes through: a blind profile, buyers qualified before they learn the name, and more than one at the table where the company draws them.

What that buyer examined is what any buyer of home services companies examines — the factors below, in that order.

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What decided the price

What buyers look at in a home services company

Repeat and maintenance customers

Service agreements, seasonal contracts and customers who call you every year are what a buyer pays a premium for. Show them by count, renewal rate and revenue.

Technicians and crews who stay

A buyer is buying the people who do the work. Tenure, pay structure and who holds the customer relationships matter as much as the numbers.

Licenses and who holds them

If the master plumber or HVAC license sits with you personally, the buyer needs a plan for it before closing, not after.

The full list, and who the buyers are: Selling a home services company in Texas.

Your company

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