Construction - Special Trades | Retail - Blding Mat., Hardware, Garden

Asking Price	$1,100,000	Inventory	$312,000*
Gross Income	$2,230,000	Real Estate
Cash Flow	$244,000	Year Established	1938
FF&E	$400,000*	Employees	18

* included in the asking price

** not included in the asking price

Modesto Tent and Awning is the Central Valley's leading providor of awnings, tents (sales and rentals) and tarps for commercial, agricultural and residential markets. Begun in 1938, the family owned business has steadily expanded through sales growth and by acquiring competing businesses. The company manufactures tents, canopies, food booths, fixed and retractable awnings, patio enclosures, pool covers. Its Mid-Valley Tarp division provides commercial truckers with tarps, straps, binders, and other accessories to secure loads. Easy access to and from Hwy 99 in Modesto is a key to the sucess of the business. Inventory of $312,000 and equipment valued at $400,000 is included in the sales price.

Facilities: Free standing building 18,000 sq ft. Building sit 1.5 acres and is very close to highway 99. The building is for sale under separate contract.

Competition: Company is number one in its market. It has been in business for 80 years. The company prides itself on quality and service. The company is not a low price competitor. They bid jobs but the quality and service considerations based on their track record allow them the higher price.

Growth/Expansion: Company has grown historically by acquisition and could continue to do so. Increased marketing and advertising would be possible and would increase sales.

Financing: Tbd

Support/Training: Sellers will introduce buyers to the nuances of the business.

Reason Selling: Other business interests.