Awning Company
Location New York,United States
Asking Price Range < $250K
Gross Revenues $225000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1952
Number of Employees 1 - 3
Inventory 20000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller is willing to help with the transition.
Reason for Sale Owner is retiring and is relocating out of the area.
Description Asking Price: $125,000. REDUCED PRICE! 50 YEARS IN BUSINESS! Tremendous opportunity to own a long standing, reputable awning business located in a commercial area in New York's Southern Tier Region. The business' revenues are allocated as follows: Canvas Awnings (50%) - Metal Awnings (50%); Residential (75%) - Commercial (25%). The current owner has operated the business since 1981; the company was founded by the owner's father, in 1952. The sale includes (1) the company's 4,000 sq. ft building (~ $80,000 value) with an income producing apartment; (2) the inventory ($10,000 value); and (3) the equipment ($10,000 value). The asking price is well justified by the company's long history, asset value, and steady cash flow. This is a tremendous opportunity for someone seeking to enter a profitable manufacturing and service business or for a strategic buyer looking to expand its operations. Contact for more information on this Awning company for sale.
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