Canvas & Awning Business Priced at 2.5X SDE

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Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Category:
PH3967 - Miscellaneous

Location:
Northern California - East Bay

Canvas & Awning Business Priced at 2.5X SDE

Business Description:

Established, Profitable Canvas Fabrication business specializing in Marine Canvas, Dock Covers, Residential and Commercial Awnings. Business operates only 4 days per week with 6 full time employees and 2 part time owners. Includes a complete frame fabrication and welding shop in addition to a complete canvas fabrication shop. A new owner could easily increase sales 15-20% by operating 5 days per week. Systems in place include Excel software for job estimates, Autocad software for both frame fabrication and automated fabric pattern cutting. QuickBooks software for accounting and invoicing.


Asking Price: $499,999


Inventory (included):
$10,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

12 Months Ended

12/31/2019

$643,450
(Sales)

$194,548
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$676,537
(Sales)

$193,779
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$787,314
(Sales)

$180,713
(Adjusted Cash Flow)

12 Months Ended

12/31/2016

$681,317
(Sales)

$123,652
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 6 0
Owners 0 2

Hours of Operation
M-TH 8:00 am - 4:30 pm

Licenses Required:

  • City Business License

Lease

Monthly Rent Including NNN:
$5,000

Expires:
June 2020

Option:
For 2 years

Size(sq.ft.):
9,000

Miscellaneous

Type of Organization:
Sole Prop

Reason for Sale:
Retirement

Training:
2 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0237
Brea: (714) 987-6147
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (213) 737-4932
Los Angeles: (213) 737-4932
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Spokane: 509.443.4337
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.