Tent Manufacturer In Virginia For Sale

Business description

Tent Manufacturer
Location: Mid- Atlantic Region

A well respected and highly regarded commercial tent manufacturer that has been making quality commercial grade frame and pole tents for decades. Annual revenues have increased over the past several years.

The business is located in a single facility that is strategically located in a commercial district adjacent to major interstate highways. The business has 10 employees and manufactures a complete line of tents with fabric specifically for tents and tension structures from United States mills. Frame and Pole tents are manufactured to varying lengths to match to customer requirements. The tents conform to all state and federal regulations.

In the past few years the business has increased sales through government contracts. The new owner can leverage this conduit for growth. In addition, continued expansion can be realized from sales to the commercial rental businesses nationwide through increased internet marketing and expansion of product lines. Opportunities exist for manufacture of fabric products outside the company’s traditional markets.

This is an ideal strategic acquisition for a regional tent rental company or large commercial party rental firm who can realize the benefit of experienced in-house manufacturing capability. Reason for Sale: Other business interests

Purchase Price: $249,000
Gross Revenues: $658,723
Cash Flow: $ 38,190
Value of Inventory: $100,000 (included in asking price)
FF&E: $45,000 (included in asking price)

Property information

Real Estate:

Lease

Other information

Reasons for selling:

Retirement

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$45,000

Related documents:

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• Executive Summary