Business Overview

This business is a manufacturer of signs. It has been in an affluent area for over 20 years .

They can make any type of sign for their clients including vehicle wraps, banners, large signs, illuminated letter signs, custom window graphics, custom logo design, directory signs, as well as interior and exterior signs. Being part of this franchise brand benefits the owner because the company is known for their superior craftsmanship and exceptional customer service.

• Complete Service from Permits to Installation
• Long-Term Employees
• In-house Graphic Design Capacity
• Customer base with Wide Range of Industries from Agriculture, to Worship to Wholesale
• Fully Staffed with Team Members and Management in Place: Office, Production, Design, Installation, Sales and Marketing
• Over $200K of Work-in-Process
The owner manages the day-to-day operations of the business which is located in a high-traffic affluent suburban city area. The owner will collaborate with the Buyer to transition the company.

This is an excellent opportunity for an individual or related graphics company to own a profitable sign business in a very desirable region with exceptionally positive economic growth prospects.

Financial

  • Asking Price: $950,000
  • Cash Flow: $300,000
  • Gross Revenue: $1,500,000
  • EBITDA: N/A
  • FF&E: $300,000
  • Inventory: $20,000
  • Inventory Included: Yes
  • Established: 2000

Detailed Information

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

The business facility is in an excellent location and is well appointed for the operation of the business. The building is 7,000 square feet and could accommodate two more business in it. The back grounds are fenced for storage of trucks and tools. More than ample parking in the front; inside is a large conference room, kitchen, and cubicles for twelve or more staff members.

Additional Info

The venture was founded in 2000, making the business 22 years old.
The transaction will include inventory valued at $20,000, which is included in the listing price.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell companies. However, the real reason vs the one they say to you may be 2 completely different things. For instance, they may say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in revenues, or a variety of other factors. This is why it is extremely vital that you not depend totally on a seller's word, but instead, make use of the seller's answer in conjunction with your general due diligence. This will paint a more practical image of the business's present situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses borrow money with the purpose of covering items like supplies, payroll, accounts payable, and so on. Remember that sometimes this can mean that earnings margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that should be met or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in brand-new clients? Most times, companies have repeat clients, which develop the core of their everyday revenues. Specific aspects such as new competition growing up around the area, road construction, and employee turn over can impact repeat clients and adversely affect future profits. One crucial point to take into consideration is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business regularly, the higher the opportunity to build a returning consumer base. A final thought is the general location demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Exactly how might the local mean house income influence future revenue prospects?