Business Overview

This profitable, owner operated sign company has been serving the Portland Metro area for over 20 years. Located in the south west metro area this business serves other businesses for a variety of their signage needs. A simple business to own and operate, this business specializes in the design and manufacturing of store front signs, window lettering, interior wall logos, posters, print, business cards, menus, ADA signage, Vehicle and Truck graphics, POS signage, flags/banners yard signs, channel letter, wood signs, metallic signs, and electric signs. The business has a long list of customers, accumulated over 21 years of business. It partners with an extensive list of vendors, suppliers, installers, and manufacturing companies in order to serve their highly satisfied clients. The business has 1 full time employee who is capable of running the business in the owners absence.

Financial

  • Asking Price: $136,999
  • Cash Flow: $56,243
  • Gross Revenue: $258,084
  • EBITDA: N/A
  • FF&E: $55,000
  • Inventory: $4,000
  • Inventory Included: Yes
  • Established: 1999

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The business opened originally in 1999, by its present owner. It has grown and evolved to service the local market in a very efficient and professional manner. The owner is retiring.

Is Support & Training Included:

2 weeks

Purpose For Selling:

retiring

Pros and Cons:

In the US the International Sign Association anticipates overall industry growth of 4.3 percent in 2022. Global growth also is expected to increase. There are other sign companies providing business to business services in the Portland area however this sign company differentiates itself through its established reputation for providing quality signs and demonstrating excellent service.

Opportunities and Growth:

The businesses largest untapped resource is marketing to its list of thousands of customers, to maximize repeat business. Which it has not done up to this point.

Additional Info

The company was started in 1999, making the business 23 years old.
The sale will include inventory valued at $4,000, which is included in the requested price.

The business has 1 employees and is located in a building with estimated square footage of 1,000 sq ft.
The real estate is leased by the company for $1,576 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell businesses. Nevertheless, the genuine factor vs the one they say to you might be 2 completely different things. As an example, they may state "I have a lot of various obligations" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be reasons to try to conceal the reality of changing demographics, increased competitors, current reduction in revenues, or a range of various other factors. This is why it is extremely vital that you not rely absolutely on a vendor's word, however instead, make use of the vendor's solution combined with your overall due diligence. This will repaint a more realistic image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans with the purpose of covering things such as stock, payroll, accounts payable, etc. Remember that sometimes this can suggest that revenue margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that should be satisfied or might cause charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in new clients? Most times, companies have repeat customers, which form the core of their daily earnings. Certain elements such as new competition growing up around the area, roadway building, as well as personnel turn over can affect repeat customers and adversely affect future earnings. One vital thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Obviously, the more people that see the business often, the greater the opportunity to build a returning client base. A last idea is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? How might the local median house income effect future earnings prospects?