SOLD!

Details

64 Year-Old Custom Awning Installation Company

Asking Price:
 $450,000
Annual Sales:
 $1,145,000
SDE:
 $224,000
Inventory: $10,000
FF&E: $25,000
Real Estate: Lease
Employees: 2 FT Owners/
6 FT
Location: Northern Colorado
Reason For Sale: Retirement

 

Business Description

Commercial and Residential Clients have been served by this Northern Colorado Company since Elvis hit the scene with “All Shook Up.” The company provides installation of Retractable Awnings, Solar Screens, Sail Shades, and other custom fabricated products. They have the ability to sew heavy canvas products for many non-associated products such as carrying cases, outdoor equipment protection, and some unique proprietary products that will be disclosed upon completion of NDA (non-disclosure agreement).

Employees are well trained and loyal. They can perform much of their work without supervision. The staff does not know of pending sale of business and are expected to stay with business. Confidentiality is essential.

Company has requests for more custom fabrication and for sales of existing products beyond their current market area, but owners have purposefully kept the company at a size they were comfortable at managing.

Owners will provide up to 320 hours of training over first 2 months as part of purchase price. One owner will stay on much longer for a fair wage or commission if Buyer desires. Employees can also provide training on much of the operations.

Represented by Bill Scott. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.