Awning Mfg., Installation and Service
Location: Illinois > Macon County
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $30,000
Gross Revenue: $129,000
Gross Revenue Comments: growing
Cash Flow Comments: improving
Inventory: $2,200 (Included in Asking Price)
FF&E: $9,000 (Included in Asking Price)
Seller Financing: TBD
Business Summary
Complete design, manufacturing, installation and service of aluminum and canvas awnings and canopies for residential and commercial clients. Also manufactures and installs patio covers, sunrooms and carports. Company recently became the local distributor for Sunesta retractable awnings. The owner is relocating out of state and has to let this business go just as it is getting off the ground. The reputation is well established. The current owner has built this business by providing good service to residential and commercial clients and solid marketing efforts. This company has just acquired the territory dealership for a retractable awning company that has a national advertising program. All the leads they get are available to the new owner. Because of the young age of this company, the business has not yet reached its’ potential. Well known for maintaining quality. Strong local reputation.
About the Business
Year Established: 2004
Employees: 1 full time - 9 part time
Facilities: The business is located in a leased facility providing excellent office and manufacturing space for a very reasonable monthly rent. All the equipment and materials are ready for a new owner --Turn-Key.
Market Outlook and Competition: The strength of the company is quality products and service. Other companies in Central Illinois offer some competition, but no serious threat to this company. Growth/Expansion: The opportunity is that everything is in place to grow as much and as fast as one might want. Getting the leads from the national company that manufactures a retractable awning to going after the local residential and commercial market provides great opportunities for a new owner.
About the Sale
Management Training and Support: Will train for 30 days.
Reason For Selling: Relocation out of state.

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Listing Tools
BizQuest ID:888733
Seller ID:MS08104
Business Listed By
Name:Paul Lourash
Company:Main Street Business Associates LLC
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