(NO LONGER AVAILABLE)
Exceptional and well known awning fabrication & installation company in business for over 39 years. Company designs, fabricates & installs custom awnings & enclosures for both commercial & residential clients. Company has a loyal & affluent customer base of over 500 clients that contribute to $440,000 of recurring annual income just from service contracts.Service business continue to grows 2-3 % per year.
Company is currently run semi-absente. Owner is on location less than 10 hours per week. Strong, knowledgeable staff in place with facility supervisor having 28 years of experience on the job. Perfect opportunity for existing awning or related installation business seeking expansion into affluent neighborhood and also great for new buyers with some industry related experience.
Facilities: Business occupies 7,500 square footage of space owned by the seller. Showroom 1,500 sq ft. Production Facility 6,000 sq ft Showroom is spacious and in immaculate condition. Production facility is clean and well maintained with ample shelf space. Facility can accommodate 4 times more production.
Competition: Very limited competition within 20 mile radius. Company offers comprehensive services, high quality products, very extensive design capabilities and personal and professional service using the highest standards.
Growth/Expansion: EXCELLENT GROWTH OPPORTUNITY!!! Sales have shown steady increases with little to no advertising. 90% of revenues are referral based and repeat business. Revenues can be increased by advertising to local and surrounding areas. Also new owner can set up satellite showroom in nearby communities. Production facility has more than enough room to accommodate expansion.
Financing: Yes Financing is available
Support/Training: Yes Training & Support Available. Business is currently run semi- absentee. New owner will have time to learn the business while existing manager is in place.
Reason Selling: Owner Retiring
Listing ID: 76656
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