Custom Marine Canvas Company

Not Disclosed, FL
Bay County

Florida Panhandle


Asking Price: Annual Revenue:
$1,499,000 $1,592,232

Automotive & Boats: Marine Repair, Retail, Parts & Service


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RE: Custom Marine Canvas Company Broker: Anthony Geronimo

Quick Facts

Asking Price: $1,499,000
Annual Revenue: $1,592,232
Net Profit: Not Disclosed
Cash Flow: $818,576
Total Debt: Not Disclosed
FF&E: $53,033
Real Estate: Not Disclosed
Year Established: 1978
Employees: 18
BBN Listing #: 1721630
Broker Reference #: 2301378788

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Business Overview:

40 years of providing professional quality canvas and upholstery services including marine tops, cushions, covers & interiors, Commercial & Residential Awnings, Equinox Louvered Roof Systems, Patio & Deck Enclosures, Stationary and Retractable canvas awnings & shade systems, RV Interiors, Golf Cart seating & covers. Quality is second to none always meeting the customer's goals. Seller motivated to retire after all the years of hard work. Rent is normalized to reflect what will be charged per annum. 2019 Financials Annualized based on P&L March 31st results. Large influx of work due to Hurricane Michael in October 2018. Lender Prequalified! Please refer to listing #2301378788 and ask for Anthony Geronimo when inquiring. Thank You!

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Property Features and Assets:

Lease/Month: $3,500; Square Footage: 3,500; Terms & Options: Negotiable; Expiration Date: 6/30/2023.

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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