Business Overview:
This is an ASSET Sale. This established business with a popular patented awning frame system including extrusions, staples, staple covers, accessories, and tools is for sale. The patented designs include over 10+ extrusion patterns and 20+ staple covers colors with a loyal consistent customer base including international customers. This aluminum product is distributed directly and thru distributors to awning and outside canopy contractors throughout the US.
This industry leading provider of outdoor awning companies continues to benefit from rapid commercial construction growth. The commercial construction market is growing at almost 8% nationally and this business is position to continue with strong growth in 2022 and beyond. This simple product business has limited competitor in its niche outdoor window covering and shade industry space with established relationships with many general distributors and awning contractors. The business is currently located in Metro Atlanta but can be easily relocated.
The 2nd generation family run company has been serving the awning industry for over 50 years. The company sells to distributors and contractors established channels.
This patented product has very few comparable competitors and reduces construction time for contractors The global awning market was valued at $6,765.8 million in 2017 and is projected to reach $11,042.7 million in 2025, growing at a CAGR of 6.2%.
Geographic expansion possible beyond the North America.
Market growth with new construction and renovation of installed building stock.
Adding new product lines and accessories.
New applications including promotional and entertainment displays.
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Reason for Selling:
Other business interests.
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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