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
Number of Employees:
Building Sq. Ft.:
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.
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.
Seller will provide any and all training for a new owner. The business is the seller's legacy.
Business and real estate transactions will be separate.
Ad Detail Views:
Asking Price: $120,000 Gross Revenue: $399,330Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $30,000 included in asking priceFF&E: $50,000 included in asking priceReal Estate: $350,000 not included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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