71406- Long-Standing Canvas Awning Manufacturer Buy-Out
For Sale in OH
Financial & Assets Details
About the Business
Business Description
The company is a specialty trade contractor specializing in designing, manufacturing and servicing canvas awnings for residential and commercial applications. New and Recover Canvas Awnings account for 60% of revenues while 40% is derived from Awning Maintenance Services. The company operates from two buildings totaling 15,000-square feet, 5,000 sq. ft. is warehouse space. The commercial property is owned with an option to lease or purchase. The facility also features production area and office space. The company has a proven track record, supported by its long history and loyal customer list. With its niche range of products and services, the company’s marketing efforts focus on targeting commercial enterprises and homeowners near Dayton, Ohio. Revenues have been steady, over the past five years, due to a strong local reputation. 2016 revenue was $558,000 and 2017 had revenues of approximately $600k with an SDE over $100,000.
Support & Training
The seller is available for a standard transition time. The other employees would most likely stay on after the sale.
Reason for Selling:
Approaching retirement
