| Asking Price |
$525,000 | Inventory |
$5000** |
|---|---|---|---|
| Gross Income |
$400,000 | Real Estate |
$250,000* |
| Cash Flow |
Not Disclosed | Year Established | 1932 |
| FF&E |
N/A | Employees | 8 |
* included in the asking price
** not included in the asking price
This business designs, manufactures and installs custom awnings, primarily made of canvas, for both residential and commercial customers. It services a 50 mile radius within the Harrisburg area. The Company is known for creating custom-designed, high-quality awnings for over a decade. They also have approximately 400 annual contracts to take down canvas awnings in the Fall, store them over the winter months, and reinstall them in the Spring.
Facilities: The facilities consist of a main building with office and storage space. Several other buildings provide production and storage space. The real estate is owned by the shareholder of the corporation and is available for $250,000 under a separate listing agreement with RSR Realtors, LLC. The owners do not want to sell the real estate separately from the business and wish to sell both as a package.
Growth/Expansion: The Company excels in designing, producing and installing high-quality, custom awnings, but it is weak in a few areas. Most of the work is done manually including: design, estimating, job control, and scheduling. The Company sales have been declining because it has no formal sales or marketing program. Margins and profits could be improved by automating systems and procedures. Sales could be increased by establishing a consistent, ongoing sales/marketing program.
Financing: SBA financing is available thru a commercial lender.
Reason Selling: The owner wishes to retire.

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