Codie SanchezFounder @ Contrarian Thinking

How door replacements could make you millions?! #shorts

12 Jul 2022 · 0 min

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0:29

Codie Sanchez presents a short YouTube "#shorts" discussing the surprisingly profitable niche of interior door replacement businesses. She describes an example company that is for sale for $125,000 while generating $1.2 million in annual revenue, and highlights the business model: charging for services and marking up doors above wholesale cost (a small arbitrage plus service revenue).

Questions this video answers

July 12, 2022

$125,000

$1.2 million

Boring businesses that could make you millions. That's usually what I'm looking for. One of the ones I think is fascinating right now is interior door replacements. I looked at one the other day. All they do is replace the interior doors and houses, which break down much more often than you think. How boring is that? This company is on sale for $125,000, but does 1.2 million in revenue. They essentially make money off the fact that they have services that they can provide to charge for and a little bit of an arbitrage that they charge more for the door than what they actually pay for it. Well, that's why I love.