What equipment should I check on a garage door company’s installation trucks?
Check the truck itself, then what is bolted and stocked in it: racks, lifts, power tools, spring-winding gear, ladders and safety equipment. Ask for maintenance records and confirm who owns or finances each item. A truck that looks tidy but has no service history is a question mark.
Walk the trucks with the seller and open every compartment. Note the body, tires, shelving and any lifting or clamping gear. Ask for service and inspection records, and compare the odometer with the story you were told. Check for rust, leaks and signs of patchwork repairs that could point to higher costs soon.
Then look at the specialist kit. Garage door work involves heavy panels and tightly wound springs, so ask to see the winding bars, clamps, drills and ladders, and whether the gear looks well kept. Ask how often tools are replaced and whether technicians own their own. Worn or borrowed tools change what you will spend after closing, so write down anything you would replace in the first season.
Finally, trace ownership. Ask for registration documents and any loan or lease papers on each vehicle, and confirm that nothing is pledged to a lender that you would have to deal with. An equipment appraiser can price the fleet independently, and a lender may want that before financing the purchase. Ask a mechanic who does not work for the seller to look at the trucks, so the opinion on condition is independent.
Key takeaways
- Open every compartment and compare what you find with the equipment list.
- Ask for service records and look at how the springs gear and ladders are kept.
- Confirm who owns, finances or leases each truck before closing.
- Have an independent mechanic inspect the trucks.
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
- 02Business Development Bank of CanadaGovernmentEquipment purchase financing for entrepreneurs
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 04Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
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