Custom Cover Business Opportunity

Undisclosed Address, Logansport, IN 46947
Retail-Commercial for Sale
Catylist Listing ID: 30840792
Building Size (RSF): 2,500 SF
Gross Building Area: See Agent
Sale Price: $375,000
Unit Price: $150 PSF
Property Use Type: Business
Building Name: N/A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/23/2023

Overview / Comments

This family-owned business established in 1996 specializes in creating tailor-made covers for diverse applications, which can range from safeguarding industrial machinery to outdoor furniture and boats. They utilize high-quality materials and advanced production techniques to ensure that their covers are resilient and long-lasting and provide outstanding defense against external factors. Moreover, the firm extends customization and repair services to their customers, enabling them to modify their covers per their requirements or increase the longevity of their existing ones.

Inventory included
Furniture, fixtures, and equipment included ($63,000)
Cash Flow: $121,000
Gross Revenue: $550,000
Real estate is leased
Seller will consider a portion financed for a qualified buyer and provide the buyer with a transition period
(Contact Broker for information on real estate)

Additional Details

Tax ID/APN: 00000000000
Retail Clientele: General, Business, Traveler, Other
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1


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