Design-Build Patio Covers/Awnings & Real Estate

Business Description

Seller is offering good options!

Seller is looking to train and mentor a younger, qualified contractor who is ready to take this business to the next level. Seller designs, manufactures, and installs mostly residential patio covers and awnings of all shapes and sizes. They are known for providing seamless smart home integration with versatility, control, function and beauty. Backlog of work growing significantly again. Has two long-term, well-trained professional installers which makes for matchless reputation. Gross sales could be sparked with an energetic new leader and additional installers and Seller mentorship.

Seller offering good options: Lease property, lease with option to buy, but, prefers to sell business and real estate together (appraisal report value of property is $500,000). SBA loan should work with good finances/books, appraised property value and qualified buyer. Company requires contracting license which can remain on the books with a qualified new owner as they prepare to get certified.

  • Established 1994
  • Great Options
  • Lease with option to buy
  • High Demand

Detailed Information

Location: Tucson, AZ
Inventory: $50,000 Included in asking price
Real Estate: Owned, 6,231 sq. ft. Not Included in asking price.
Well appointed building and manufacturing facility appraised at $500K. Plenty of room to expand work force and inventory. Roughly 3/4 acre (.79) fenced-in lot and 6231sf building with good access on primary N/S avenue.
Employees: 2 +Owners
Furniture, Fixtures, & Equipment (FF&E): $70,000 Included in asking price
Competition: Yes, but few with the experience and reputation. Not the biggest, but in demand. Winning designs and countless referrals keep the new order backlog growing and suggests a bright future.
Growth & Expansion: Learn the business from the Seller and add a crew to get all the jobs done quicker. Market, promote, and reach out to the community to instantly improve sales.
Financing: Seller will carry with $500,000 down payment. Support & Training: Seller will train and support
Established: 1994
Reason for Selling: Retirement