Awning Company Operative Since 1924 in Miami-Dade

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$250,000 $5,795,888

Manufacturing: Metal Products


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RE: Awning Company Operative Since 1924 in Miami-Dade Broker: Jose Penalver

Quick Facts

Asking Price: $250,000
Annual Revenue: $5,795,888
Net Profit: Not Disclosed
Cash Flow: $156,097
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1972
Employees: 6
BBN Listing #: 7325630
Broker Reference #: 2201962779

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Business Overview:

Price Reduced. New price includes $77,900 SBA loan - 3.75% starting payment on 5/2021.
The company has been in the Awning business since 1924, for almost a century. Their excellent service, competitive prices, and craftsmanship have made them an industry leader in fabric awnings and shade structure production, with great reputations on providing a level of service seldom seen in today's market. They work for both commercial or residential awnings, from home windows and carport projects to cabanas, corporate, tall-scale, and special designs. Excellent books & records, great webpage, strong marketing strategy established recently. After 48 years of running the business, the owner is ready to retire. Please refer to listing 2201962779, business broker Jose penalver.

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Property Features and Assets:

Lease/Month: $2,023.50; Square Footage: 4,320; Building Type: Industrial; Terms & Options: Renewable; Expiration Date: 12/31/2020.

Market Competition and Expansion:

Non Compete : Miles: 5 Years: 2

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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