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Company Distribution And Manufacture Of Awnings Covers Sunsails For Sale

Palma, Mallorca
Asking Price:
€550,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€500K - €1M
Net Profit:
€50K - €100K

Family business founded in 1982, mainly in the sector of solar textile protection, maintaining a line of sales to the professional, always evolving according to the market, currently commercializing all kinds of products for outdoor terraces and gardens. It has an own industrial workshop with a lot of machinery for the confection that allows to be fast and polyvalent. We distribute products for upholstery, awning shops, aluminum carpentry, glaziers, blacksmiths, decorators, etc ... It maintains a large regular stock of many products, has an extensive client portfolio, and has direct and indirect links with Mallorcan hotel chains. It has 8 permanent employees throughout the year and 2 more employees in high season. The reason for the sale is the death of the founder.

Property information

Real Estate:

Real Property Included

Location:

This company is located west of Palma near the coast, in front of a nautical club, with the highway very close

Premises Details:

We have rented 3 stores currently of 900m2 stock and textile workshop, the second of 900 m2 of stock and aluminum workshop and the third of 30 m2 of office

Business Operation

Expansion Potential:

here are many products that can be incorporated because they are related to the products we manufacture or distribute, there is a lot of potential in our sector and you can open a lot of market in the rest of the Balearic Islands or abroad.

Competition / Market:

As in all businesses there is competition, here on the island there are 2 more manufacturers and other companies that also do it from the Iberian Peninsula, the advantage is the workshop.Tailored work is currently well remunerated.

Reasons for selling:

death of the founder

Trading hours:

normal season (6 months)
8.00 h. to 16.30 h. Monday to friday
in strong season (6 months)
8.00 h. to 18.00 h Monday to friday
8.00 h. to 13.00 h. saturdays

Employees:
8
Years established:
40

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

You can talk about this quietly, because I'm willing to discuss an agreement

Furniture / Fixtures value:
€90,000 - included in the asking price
Inventory / Stock value:
€275,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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