Business Overview

Selling the inventory, client list and FF&E of this Sign Manufacturing Company. As a maintenance provider, the Company benefits from having an in-house neon plant as well as utilizing a variety of mobile equipment ranging from pick-up trucks, to a 30′ remote bucket truck, to a 72′ remote crane. All vehicles are fully stocked with common electrical replacement components as well as being equipped with cell phone communication for the fastest possible response times to all their customers maintenance needs. As an installation provider, this Company can handle projects of any size.

Financial

  • Asking Price: $223,000
  • Cash Flow: $100
  • Gross Revenue: $738,473
  • EBITDA: $100
  • FF&E: $311,550
  • Inventory: $292,159
  • Inventory Included: Yes
  • Established: 1953

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Just a few yards from Interstate 20 - 10,810 sq. ft. of Shop/Warehouse - 4,540 sq. ft. of Office Space - 5 Ton Overhead Crane - 2.8 Acres of land – Paved/fenced yard – Located in Incorporated Industrial Park (Real Estate is not included in the sale price)

Is Support & Training Included:

The seller is flexible, to provide 2 months transition at no charge, additional consulting no longer than 1 year as negotiated with the buyer.

Purpose For Selling:

The current owner of the Company, after many years in the business, wishes to re

Opportunities and Growth:

There are customer diversification opportunities for a new owner as well as the market ability to add more equipment to increase revenue and profitability. The Company’s reputation allows it to be the go-to source in the marketplace.

Additional Info

The business was established in 1953, making the business 69 years old.
The deal does include inventory valued at $292,159, which is included in the suggested price.

The company has 7 employees and is situated in a building with approx. square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons people choose to sell operating businesses. However, the true factor vs the one they say to you may be 2 totally different things. As an example, they might state "I have too many other commitments" or "I am retiring". For many sellers, these reasons stand. However, for some, these may just be reasons to try to conceal the reality of changing demographics, increased competition, recent decrease in incomes, or a range of other reasons. This is why it is very important that you not count completely on a seller's word, yet rather, make use of the vendor's answer combined with your total due diligence. This will paint a more reasonable picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses finance loans in order to cover points such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can mean that revenue margins are too small. Lots of companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that must be satisfied or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract brand-new clients? Many times, companies have repeat clients, which create the core of their daily profits. Certain aspects such as brand-new competition sprouting up around the location, road building and construction, and staff turnover can affect repeat clients and also negatively impact future profits. One vital 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? Undoubtedly, the more people that see the business often, the higher the opportunity to construct a returning client base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Just how might the regional typical house earnings impact future revenue prospects?