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Tent Mfg, Textile Fab & Event Tent Reseller
Location: United States -> Colorado -> Denver
Industry: Manufacturing > Textiles and Materials Manufacturing




Business Summary

Tent Manufacturing Co and Custom Textile Fabrication Co and Large Event Tent Reseller all with Great Name Recognition and Reputations
Made in the USA
Location: Central Denver Industrial Area

The Tent Co had revenues of 1.6M with earnings of 262K in 2018. They create and manufacture the highest quality tents and outdoor products using canvas and custom fabrics. This company has a great reputation for style, quality, and craftsmanship. As one of the leaders in the industry and with camping growing impressively, so has the revenues of this company. Glamping, outfitters, marketing agencies, big box, festivals, and campgrounds are all wanting their main products which consists of bell tents, range tents, wall tent, safari tents, and tipis.

They have 2 subsidiaries, one is a reseller of large event tents that the main company does not have the capacity to manufacturer. It met the needs of many of the company's decade old customers that were needing event tents. It has its own website and company file. This company has been merged back into the main company as of December 31, 2018.

The custom sewing/fabrication subsidiary was started in early 2017 as a response to a large number of requests for custom sewing jobs not related to the main company. Since they had the machines and skilled labor, they quickly realized there was an open market for this type of manufacturing. The company provides custom prototype designs, small, medium, and large production runs as well as repairs for textiles of varying sizes and complexities.

The companies have built a solid reputation for over a century and has the equipment, inventory, and room to grow with a new owner.

The main company has been priced at 625K which is probably worth closer to 700K and the sewing subsidiary at 200K for a total sales price of 825K plus their cost of inventory.

For a Full Sales Package, contact Jeff at 303-905-7607 or Business Broker Colorado


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,900,000
Cash Flow:   $300,000
Cash Flow Type:  EBITDA
Inventory:  $143,000
Seller Financing:  Yes

About The Business

Year Established:  1900
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will stay as long as needed
Reason For Selling:  Pursuing another opportunity




Print Listing Id: 700330619
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Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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