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Highly Profitable and Scaleable Manufacturing Company for Sale!
Business Description
Highly Profitable Manufacturing Company
Established in 2006, this highly profitable/scaleable company manufactures and installs shade structures primarily for restaurants/bars, parks, parking lots, car washes and car dealerships with some residential customers as well. Around 90% of the business is commercial and around 10% is residential. The owners do very little advertising and feel they are currently geographically limited from acquiring new large customers due to lack of employees to handle the installations. There are customers the owners have declined due to their location that a new owner could likely onboard if they wanted to hire additional employees to handle the installations. This company has one part time employee and 5 1099 contractors they regularly work as well as occasionally a few other contractors they use when needed. This company is known in their industry and by their customers for the quality of the products they produce and for quality installations and excellent customer service.
About the Business
- Years in Operation
- 19
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- The facility is leased. The new owner can assume the lease or the business can be relocated if the new owner desires. The current facility has plenty of space for the current revenue generated but more space would likely be needed if the new owner wants to grow the business. This is a very asset light business as materials are ordered when needed for sold jobs.
- Market Outlook / Competition
- Shade structures are needed nationwide and will be for the foreseeable future. Additionally these structures need to be replaced every 5-7 years and are sometimes replaced sooner if the customer/s desire a new color or need additional structures added for the same or new locations. This company makes the best shade structures on the market. This company manufacture products for other companies they sell to at wholesale prices who then in turn sell them at higher prices so there is opportunity to take over this business with the addition of employees.
- Opportunities for Growth
- The current owner has kept the business small and profitable, however, there is much opportunity to easily acquire new customers nationwide if more employees are hired. Owner rates the growth potential a 10 on a 1-10 scale and believes revenue could be doubled in 2 years. Steel manufacturing can be expanded, residential segment grown, increase marketing, and leverage the owners relationships could increase business nationwide. New owner could also set up a welding/manufacturing/powder coating warehouse and hire sales reps and install teams if desired.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
- Rent
- $950.00 per month
- Lease Expiration
- 12/1/2025
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Owner will stay for a full transition. This is a relatively simple business. A new owner can likely be trained within a few months. Owner is potentially willing to stay after the transition in a consulting and/or sales role.
- Financing Options
- Up to 10% seller financing is available for well qualified buyers.
Listing Info
- ID
- 2419306
- Listing Views
- 78
Listing ID: 2419306 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 full Terms of Use. Learn how to avoid scams.
