Commercial & Residential Awning Manufacturer / Installation

Location: United States -> Ohio -> Northeast Ohio
Industry: Manufacturing > Other Manufacturing

This is a well established commercial and residential contractor specializing in a service that creates a popular product in a variety of configurations. The current owner has 2 different businesses and has decided to sell this one because they have both grown and he wants to have a lighter workload after 25 years of running both operations. They have done work for over 600 customers in the region and they have a loyal customer base that keeps coming back for repeat business. There are 3 employees who do the installation and preparation work. The new owner could participate in installations or concentrate their efforts on selling and expanding the business.

The current owner is offering to lease the current space of the business to the new owner at a very attractive lease rate. 60 percent of the sales are from residential customers and 40 percent are from commercial clients. The product category is continuing to expand and there are plenty of creative variations to sell. Sale price is just $150,000. Contact for more information on this Commercial & Residential Awning Manufacturing / Installation business for sale.

Financials

Asking Price Range: < $250K
Gross Revenues: $150,000
Cash Flow: $126,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $44,000
Seller Financing: Yes

About The Business

Year Established: 1986
Number of Employees: 1 – 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Seller will provide training.
Reason For Selling: Other business demands.