Profitable Specialty Canvas Products Mfg. Co.

Business Overview:

Specialty canvas products manufacturer that designs and produces textile end products including personal products as well as Corporate Sportswear/Specialty Bag Sales and US military equipment bags. Also performs embroidery services to customize products (monograms, corporate logos, etc.) and Silk-screening. Direct Internet Sales.

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Property Features and Assets:

Monthly Rent: $6,500.00

Square Units (Foot, Meter): 9,800

Terms Options: Negotiable

Facilities: Single story masonry and metal building with store front and back manufacturing/warehouse space facing major boulevard.

FF&E Overview:
Multiple sewing and serge machines, embroidery machines, screen printing machines, heat transfer machine, cutting and tacking machines, worktables, and office furniture. Also included is 2001 Chevrolet Express Cargo Van with roughly 80,000 miles.

FF&E General Condition:
Excellent condition, some refurbished equipment, other new production equipment bought within last 4-5 years.

Market Competition and Expansion:

Competition:

The Canvas Product Market is experiencing significant growth, driven by the increasing demand for sustainable and eco-friendly materials. Recent trends include a shift towards lightweight, breathable canvas and the incorporation of advanced technologies like fire-retardant and water-resistant coatings. The demand for customized canvas products is also on the rise as consumers seek unique designs and solutions. Key market drivers include the growing popularity of outdoor activities, the increasing use of canvas in fashion and home décor, and the growing awareness of environmental sustainability. Opportunities for growth lie in the expansion of e-commerce platforms, the development of innovative canvas applications, and the penetration of emerging markets. Emerging trends in recent times include the use of recycled and organic canvas materials, digital printing techniques, and the integration of smart technology into canvas products. The Canvas Product Market CAGR (growth rate) is expected to be around 4.0% during the forecast period (2024 - 2032). Source: Market Research Future
Reports. Most canvas manufacturers are in the awning and tent sector. There are very few manufacturers in this space (specialty canvas bags) and some of those are also facing turnover of ownership due to age of owners. Primary competitors nearby are Cross Canvas and Trotter's Canvas Cut & Sew.

Expansion:

Yes, potential to expand military sales as well as corporate specialty product sales.

Reason for Selling:

Additional Details:

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