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Businesses For Sale   >>   Other Manufacturing Businesses For Sale

Awning Business In Beautiful California - 5b Visa

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $400000
Net Profit / Cash Flow  $200000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1937
Number of Employees  4 - 5
Inventory  200000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Manager and key personnel to remain
Reason for Sale  Other business opportunity

Awning manufacturer and retailer located in a beautiful California Coastal town near the Silicon Valley. A 75 year old business with a large customer base, including many of the local municipalities and colleges. Current owner is absentee and business is stagnant because of this. This business could be EB-5 VISA eligible and a wonderful opportunity to live and work in the most beautiful part of California. For $1,000,000.00(US) the current owner will pay the 4 years remaining on the lease($100,000.00), replace the existing 3 vehicles with new unused vehicles (up to $150,000.00), upgrade the sewing and welding equipment ($10,000.00) and replace the welding shop (up to $200,000.00) A deal may be reached with the landowner if purchase is desired, with the $100,000.00 lease monies to go towards the purchase price. All employees are happy working here and will remain. The license holder will remain. This business has seen ups and downs and has survived 75 years. You can claim this wonderful business and live in a California Coastal town with that small town feel, yet be 1 hour from the Silicon Valley and 2 hours from beautiful San Francisco.

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