Custom Marine Canvas Company | Transworld Business Advisors

Custom Marine Canvas Company

Listing Number: 2301-378788


40 years of providing professional quality canvas and upholstery services including marine tops, cushions, covers & interiors, Commercial & Residential Awnings, Equinox Louvered Roof Systems, Patio & Deck Enclosures, Stationary and Retractable canvas awnings & shade systems, RV Interiors, Golf Cart seating & covers. Quality is second to none always meeting the customer's goals. Seller motivated to retire after all the years of hard work. Rent is normalized to reflect what will be charged per annum. 2019 Financials Annualized based on P&L March 31st results. Large influx of work due to Hurricane Michael in October 2018.

Listing Details

  • Price: $1,499,000
  • Down Payment: $299,800
  • Sellers Discretionary Earnings: $818,576
  • Total Sales: $1,592,232
  • Location: Bay County, Florida

  • Inventory: $25,000
  • FF&E: $53,033
  • Employees: 18
  • Year Established: 1978
  • Reason for Selling: Retirement
  • Category: Marine Related

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