Listing Number: 64646-885169
Description
Philadelphia area based full service awning company, in business for over 20 years, is now on the market. 2023 sales increased by 10 Percent over 2022, to $725,000.
This profitable business generated an SDE of $119,000 in 2022 and is expected to increase for 2023. Today’s operation encompasses the PA, DE, and NJ tri-state area.
Year round opportunities that includes a peak season of March – September and winter season for repairs, is completed via a staff of 3 plus ownership. Well known for manufacturing,
design, installation, and service. Business will include two trucks, equipment, and the opportunity to rent or purchase the existing location. Property is being offered
at $693,000 in addition to the business price or possible lease terms to be discussed with the seller. Seller continues to take on new business which will turn into Purchase Orders for new ownership. Great opportunity for a similar business to expand operations or someone new looking for entrepreneurship. Contact Doug or Gina today at [email protected] or [email protected].
Listing Details
- Price: $435,000
- Down Payment: $435,000
- Sellers Discretionary Earnings: $87,458
- Total Sales: $706,232
- Location: Delaware County, Pennsylvania
- Inventory: $26,500
- FF&E: $76,800
- Employees: 3
- Year Established: 2001
- Reason for Selling: Retirement
- Category: Manufacturing
