This company has been providing signage and graphic solutions for their customers for well over a decade. They serve businesses using a consultative approach to create almost any type of signage you can think of such as interior, exterior, and vehicle/fleet wraps. They’re known for creating solutions for their customers’ needs and focus on quality products and premium customer service that sets them apart from the competition. This business has a great customer base with both new and repeat customers. The owner works about 40 hours a week in the business supervising the day-to-day operations and spends time out in the community networking. There is a strong team in place that keep operations running smoothly which allows the owner to be able to take vacations and days off throughout the year. The business is in a recession resistant industry and is poised for someone with marketing and leadership ability to step in and take it to the next level. This could also be a great opportunity for someone who is already in the industry that is looking to expand their current footprint.
- Asking Price:
- $695,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,505,648
- Cash Flow:
- $170,816
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The business is centrally located in their community among many other businesses. They have been in this space for many years and are well known in the community. The facility the business operates out of is a leased space with about 3,000 sq ft of office and printing space with additional storage. There are also two overhead door bays for bringing cars, trucks, and trailers inside to do vehicle wrap projects.
Business Operation
- Expansion Potential:
-
The owner shares that the growth opportunity for a sign business is exponential. There continues to be an additional need for signage and graphic services in the area for both existing organizations who continually need assistance with rebranding, and for new businesses needing help with branding, signage, and graphics for their startup. Additionally, larger projects often require a bucket truck, and a new owner could take the business to the next level by investing in owning a bucket truck rather than renting it.
- Competition / Market:
-
This company's competitive advantage is being able to do anything on a large project (i.e. schools that require room signs, dimensional lettering, wall graphics, building signs, monument signs, and wayfinding signage). In terms of competition, the owner has identified three primary competitors in the area that are similar and potentially competitive. While these sign companies provide similar services, the owner describes them to be of low to only moderate concern. Key differences are this company's comprehensive approach: consultation, project management, and customer service. Their repeat customers have strong relationships with the team and are vocal about the positive experiences they have.
- Reasons for selling:
-
The owner is ready to retire.
- Trading hours:
-
Monday-Friday 8am-4:30pm
- Employees:
- 6 FT/2 PT
- Years established:
- 12
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Financing available:
-
Lender pre-screened with $70K down.
- Furniture / Fixtures value:
- $149,827 - included in the asking price
- Inventory / Stock value:
- $124,468 - included in the asking price
