How To Start a Garage Door Business ($960K a Year)

There is a MASSIVE NEED for Garage Door Business because there more houses being built right now than ever in history. Every one of those houses, needs a garage door. Also, there are so many houses that are aging.

Did you know that a garage door only lasts 15-30 years? Houses are getting older and people will need to upgrade. You can take advantage of this.

How much does it Cost:
Truck: $20K
Trailer: $15K
Equipment & Tools: $5K
Website, formation: $500
Insurance: $2,000
START UP COST: $42,500

HOW MUCH CAN WE MAKE/CASHFLOW
National Garage Door Cost Average : $4,000 for a 2 car garage.
Profit Margin: 25%
Average Time 3-4 hours
Average jobs per week: 5 (1 a day)
5 jobs per week * $4,000 per job = $20,000/week = $80K/month = $960,000/year

CASHFLOW:
Profit Margin with Labor/Equipment/Etc. = 25%
$20K profit per month = $240,000/ year profit!

Positives of this business:
Profitable
Always needed. TRADES

Think of ways it will fail:
JOBS – Network with home builders, custom home builders, commercial builders, investors (flippers), website, marketing, homeowners
Quality: Learn how to install a garage.
Showing up on time: Scheduling being organized.

Legal Up
LLC
Insurance
Customer Agreement

Commit to Starting

[patrickyoung]

I think the garage door industry is a little more versatile than you mention here. I know guys who don't install, they concentrate on repairs and servicing instead. For example, a common repair would be a torsion spring replacement. Depending on where you shop, let's say Amazon, you can get a torsion spring for $40 and charge $499 for the spring replacement. Now, if you do 5-10 of these a day you would have a better profit margin with more volume. And for a service call you would go out check torsion springs, check garage door cables and make sure the door is lubricated and that the opener is working properly. At a cost of $350 for the service inspection with no cost for parts. From what guys I know tell me the real profit is in garage door repair not installation. But you still gave out good advice and I like the way you stand up for the skilled trades!

[HomeBuyersNationwide]

I'm closing on a small garage door business in Jan. Single owner for 30 years, 5 star google rating and great word of mouth reputation. This video is more confirmation for me. Thanks

[bcxdarms]

i’ve been installing for about 10 years now. i have plenty of experience on customer service face to face and giving the customers the best experience and happy with there product. its easy to sell someone somthing that there looking for. give them the best option for there buck and keep a smile on there face. this is my year. the game is big for everybody . hardest part is to start let’s get to it boys

[kenasetgcx]

5 jobs a week 😆 bruh, I do At least 9-12 a week. Commercial doors are where the bread and butter are. Today I finished a 34ft x 18ft. Everything cost me, as the business owner, $7, 200. Charged the customer $31, 500 for door, dual trolly opener, 3 inch track and 6 duplex springs. Took 2 days to fully complete. My overhead cost was just fuel to get to the job. Made $20k+ in 2 days. No shop, just a truck and trailer and I pick up my own doors and store them in storage units. Before I went on my own, 15 years Commercial installer experience for Raynor garage doors. Big name company. Get trained and move on. Hourly pay is not the way to go. If I still was hourly, I would've walked away today with only $400 for 2 days work. Instead I walked away with $20k

[Nato.]

3-5 hours, It’s took me an hour and a half to install a door when i was installing for a company for 2 years

[DanielKennedy-dv]

the garage door door business is definitely profitable but your numbers are extremely off.

[jesseclark]

Where is this $4, 000 per door average coming from? That's way high.
You can get a nice insulated garage door for $2, 200 installed and that's a steel back

[kingb]

Just went out on my own. I have everything except customer's 😢 any suggestions.

[victorarroyo]

Smoking that crack if you think you could charge 4000$ just to install a door . More like a few hundred

[Mars-mgqx]

$4000 for a double car garage? What world are you in? Im charging $1500 and some people even beat that. How do I market to higher end customers? im 20 years old, have my own company, super good at the trade did a bunch of custom doors already. Located in NC.

[trenttreadway]

Love the advice! Question:

Almost ALL states require you to have a contractors license to do garage repairs and installs. Any tips for how to get around that without having spend even more than the $42, 500.00 you Estimate just to start? Is it more likely to cost over $60, 000.00 to start in this business?

[flowerspikes]

5 doors a week? I do minimum by myself 16 max 21-23

[oded]

Please explain to me

4, 000$ just for the installation? The labor ? Or that number includes the doors and the engine and your profit is 25% so it’s 1, 000$ profit ?

Thanks 🙏🏻

[InnerCityHermit]

Don’t you need a contractors license to install garage doors

[grim]

Yes. Except you need a contractor's license if you're making more than 500 dollars a day. For that you need 4 years of journeymen experience. I don't got 4 years. It seems like repairing them is the way to go.

[robertshields]

a Basic door is 700.00 at the wholesale dealer. It takes about 2 hours to install it. I sell it for 1700.00 installed. If you sell it for 4k your a thief.

[dapainter]

Do you happen to know of any online courses to learn this skill?

[ycbvslk]

Seems like you Googled your information like you have no experience at all probably shouldn't be making a video about something you really don't understand