Fabricator Installer of Metal Fabric Awnings Business For Sale

Business description

The company fabricates and installs fabric (60% of 2006 sales) and metal awnings (35%). In addition, the Company offers graphic design services for logos and names to be placed on awnings (5%). A customer base of over 5,000 active accounts consists of commercial (65% of historical sales) and residential customers (35%).

Companies that operate in this industry can gain a competitive edge by providing a high standard of service to downstream businesses, retailers, and consumers. Firms that can produce special orders as required, provide timely deliveries of ordered goods, and offer client assistance for product problems and issues, can earn a good reputation and increase sales. The Company differentiates itself from the competition by responding to leads in less than 24 hours, giving excellent quality and service, and keeping prices slightly higher than the competition.

• Rising gross profit trend: Gross profit during the historical period increased from 60.0% of sales in 2004 to 66.8% by the end of 2006. The Company has been able to efficiently control its cost of sales after growth to maximize gross profit

• Strategic growth Opportunities: The Company has experienced strong growth in both sales and profitability since inception. The established business methodologies are expected to continue yielding similar growth going forward. Management cites two opportunities to accelerate growth trends over the next few years by increasing sales and production of retractable awnings and expanding graphics services to include promotional products sales

• Strong liquidity: In 2006, the Company’s unadjusted current assets were approximately $150,000 and current liabilities were $100,000. The Company’s unadjusted current ratio was 1.5