Awning Manufacturing Company

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Business Description

In 1971 the owner of this awning company began operations. 47 years later the company’s founder has decided to retire for health reasons. Over those years a variety of awnings and screens have been made available to an array of customers. These customers are both residential and commercial businesses. The products are specifically designed to withstand Arizona’s intense sun. During its 47 years the company has operated, it has also offered different kinds of screen door and window products, all of which are custom made in the shop. Another product known as a “skylight solar sock” has been developed and is ready for aggressive marketing. Customers are generated from the company’s professionally prepared website and from word of mouth referrals. The recent addition of referrals from prospective customers who are directed to this company from Home Advisors has begun to generate significant new business. While there are competitors in the marketplace, the subject company is the oldest of similar companies in Southern Arizona. The company’s reputation is absolutely impeccable. Prospective customers are encouraged to call the BBB to verify its reputation. Operating hours are 8 AM - 5 PM Monday through Friday and 9 AM - 1 PM on Saturday. The seller will consider several different financing scenarios.

About the Business

Location:
Tucson, Arizona
Year Established:
1971
Number of Employees:
8
Real Estate:
Owned
Building Sq. Ft.:
3,860
Facilities:
The company leases from the business owner a 34,811 square foot commercial property with a 3,860 square foot building on a major arterial near the I-10 freeway. There is an office for administrative personnel, showroom and product display area. production space, and inventory storage. Details of all of the equipment that comprises the company is available to an interested party. The company owner may be willing to discuss the sale of this commercial property or the owner may be willing to give a business buyer a right of first refusal to buy the property if it goes on the market for sale. An inventory of raw materials is probably quite a bit greater than that amount shown on the company’s balance sheet.
Market Outlook/
Competition:
Limited competition in the marketplace. No company is as well established as this company.
Growth & Expansion:
The revenues has increased steadily for the past 4 years especially with the positive changes in the economy in the last few years.
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About the Sale

Reason For Selling:
Owner is retiring after 47 years
Training/Support:
Seller will provide any and all training for a new owner. The business is the seller's legacy.
Seller Financing:
Business and real estate transactions will be separate.

Listing Info

ID:
1582103
Ad Detail Views:
0
Asking Price:
$120,000

Gross Revenue:
$399,330
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$30,000
included in asking price

FF&E:
$50,000
included in asking price

Real Estate:
$350,000
not included in asking price

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Business Listed by

Robert Lenhard

Hallmark Business Consultants, Inc.
License# BR006949000

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U.S. Census Data for Pima and Pinal Counties, AZ
Age

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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Pima and Pinal Counties, AZ
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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