Growing Canvas Manufacturing Company for Sale

Listing #:1602

Location: South Shore, MA

Description: A unique opportunity to acquire a well-established manufacturing company specializing in manufacturing of custom Canvas products.  The company was established in 1975 and has earned an outstanding reputation and recognition in the industry for their superior quality of products.  The company is known in the for manufacturing custom canvas products for truck covers, awning work, boat cushions, pool covers and great other variety of custom canvas jobs.  The company manufactures their products out of a 4900 sq. ft facility, with 4000 sq. ft. of manufacturing space and 900 sq. ft of office and storage space.  The company has a long-standing reputation in the industry, with loyal customers using their services for over 30 years.  A new buyer has a huge opportunity to grow the business by expanding their services to other industries, as well as tapping into residential customers in products such as gazebo covers, grille covers, retractable awnings, fire pit covers, etc.  Additionally, the company currently outsources installation to other providers.  A new owner has a great opportunity to increase revenue by offering installation services in-house.

Yearly Gross: $210,210

Real Estate: Leased at $2,950 /month

SDE: $ 51,090

Financing: Pending SBA Pre-Screen.
Asking: $100,000

General Information:

Year Established: The company was established in 1975

Facilities: 4,900 sf.

Type of location: Commercial

Reason Selling: Owner is retiring
Employees: 1 FT, 1 PT

Franchise: No   Home-based: No   Re-locatable: Yes

County: Norfolk County   

For more information, please contact:
Company: ROI Corporation a BBANE Affiliate

Broker: Denis Mezheritskiy

Broker: Phone: 781-682-6209 ext. 264