Garage door companies have become a booming industry, providing customers with installation, repair, and maintenance services. But how do these companies make money?
The first way they make money is through installation services. When someone buys a new home or upgrades their garage door, they typically turn to a professional garage door company for installation.
Video Source
These companies offer a variety of garage door styles, materials, and features to fit the customer's needs and budget.
The installation cost depends on the size, material, style, and any additional features, like automatic openers.
Another way they make money is through repair services. Garage doors can experience wear and tear over time, and sometimes, they break down or become damaged. In these situations, customers need the help of a professional to repair the door and restore its functionality.
Garage companies offer various repair services, such as replacing broken springs, repairing or replacing damaged panels, fixing or replacing openers, and more. These services typically have a set fee or hourly rate, which depends upon the repair complexity.
Garage door companies make money through maintenance services. Regular maintenance help prolong the life of a garage door.
Many companies offer annual maintenance packages, including lubrication, inspection, and minor repairs. Customers can pay for these services upfront or on a recurring basis, providing a steady stream of income for the garage door company.
.