Listing ID: 72683
Full-service sign manufacturing company creating all sign types for over 30 years. In-house capabilities include CNC routing, welding, metal, wood, & plastic fab for creating everything from monuments to indoor office signs. Experts in everything from graphic design, painting, fabrication, installation, & maintenance of building/installing custom signs. Facility/real estate is also available. With ongoing business opportunities throughout Northern California, this moneymaker is a must-have if you are looking for a successful standalone business or to add to an existing business. This turn-key operation is ready for a new owner to take it to the next level. SA10631
- Asking Price: $499,000
- Cash Flow: $140,412
- Gross Revenue: $1,034,607
- EBITDA: N/A
- FF&E: N/A
- Inventory: $10,000
- Inventory Included: N/A
- Established: 1989
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:4,968
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Hours Monday thru Friday from 7 am to 6 pm
4 weeks, 30 hours per week
The venture was founded in 1989, making the business 33 years old.
The deal shall not include inventory valued at $10,000*, which ins't included in the suggested price.
The company has 5 FT employees and is located in a building with disclosed square footage of 4,968 sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell companies. Nonetheless, the genuine factor vs the one they tell you may be 2 entirely different things. As an example, they may state "I have way too many other obligations" or "I am retiring". For many sellers, these factors stand. But also, for some, these may simply be justifications to attempt to conceal the reality of changing demographics, increased competitors, recent decrease in revenues, or a variety of various other factors. This is why it is really vital that you not count absolutely on a vendor's word, but rather, make use of the vendor's solution along with your general due diligence. This will paint a more realistic picture of the business's existing situation.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans so as to cover points like supplies, payroll, accounts payable, etc. Remember that in some cases this can mean that revenue margins are too thin. Lots of businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that need to be fulfilled or may lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area draw in new clients? Most times, operating businesses have repeat customers, which form the core of their day-to-day revenues. Certain aspects such as new competition sprouting up around the location, roadway construction, and also staff turn over can influence repeat customers and also adversely influence future profits. One crucial point to think about is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Certainly, the more individuals that see the business often, the better the chance to construct a returning client base. A last thought is the basic area demographics. Is the business situated in a densely inhabited city, or is it located on the outside border of town? Exactly how might the regional median house earnings effect future earnings potential?