Listing ID: 80217
This is a full-service sign company serving the entire southeast Georgia region. The business specializes in all types of sign design, manufacturing, lettering, graphics, installation, and repair. It also manufactures and ships anywhere within the United States. An absentee-owned business, with many possibilities for expansion and growth, the company offers a virtually unlimited list of capabilities, utilizing the highest quality materials and components in the sign industry and applying the latest in technology, and use of equipment. From design to manufacturing to installation, this company is considered as second-to-none by customers as a powerful industry resource and a recipe for success. The acquisition includes a lift truck.
- Asking Price: $335,000
- Cash Flow: $81,066
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $208,018
- Inventory: N/A
- Inventory Included: N/A
- Established: 2000
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:7,600
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Great building and location, well established for 20 years.
Owner is preparing for retirement
This is a very high growth area and projected to continue in a high growth for a considerable time.
This is an absent owned business, there are many possibilities for expansion and growth.
The company was started in 2000, making the business 22 years old.
The real estate is leased by the company for $1,800 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people decide to sell businesses. However, the true factor and the one they tell you may be 2 totally different things. As an example, they may claim "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might just be justifications to try to hide the reality of altering demographics, increased competitors, current reduction in earnings, or a range of various other factors. This is why it is very crucial that you not count completely on a vendor's word, however instead, utilize the seller's response together with your general due diligence. This will paint a much more sensible picture of the business's existing situation.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies finance loans in order to cover points like stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can imply that earnings margins are too thin. Lots of organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that must be met or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in new consumers? Most times, operating businesses have repeat consumers, which create the core of their day-to-day profits. Certain variables such as new competitors sprouting up around the location, road building, and also personnel turnover can affect repeat customers and adversely influence future incomes. One essential 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? Clearly, the more people that see the business on a regular basis, the higher the chance to develop a returning customer base. A last idea is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Just how might the regional average household income effect future revenue prospects?