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Sign Company With Rising Sales Post-pandemic! (37907) For Sale

N/A., Ohio, US
Asking Price:
$1,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,135,000
Cash Flow:
$600,000

Situated within Ohio, this business specializes in quality designing, fabricating, installing, permitting, and servicing of interior/exterior signage for Commercial (50%), Industrial (25%), and Medical (25%) markets. The digital printing department is fitted with state-of-the art equipment for “in-house” manufacturing, including larger formats. The client base has expanded to include hospitals, and institutional, and professional sports markets. Revenues were $3,135,000 in 2022, with Net Income of $165,000 and approximately $600,000 SDE. The workplace is a 15,000 square foot warehouse facility that features around 3,000-sq.ft. of office space and a production area of 12,000-sq.ft. The building is leased for $4,400 monthly. In excellent condition and zoned to handle extra capacity, property expansions are feasible as the client base continues to grow. An experienced and cross-trained team of twenty union employees are most likely to remain post-sale and continue streamlined operations after a smooth owner transitioning period of up to two years. An A+ Accredited Business with warranties on materials and ongoing reputations, promotion efforts are backed by a well-kept website, social media engagements, and verbal referrals from a huge, rotating customer base. The business maintains a steady income throughout the year, and it has been prequalified for an SBA loan!

Property Information

Real Estate:

Lease

Lease Terms:

Holds a quintennial-renewed tenancy of $4,400 monthly.

Premises Details:

Listing includes Equipment & Vehicles, plus $10K of Inventory with amounts varying per project.

Size in square feet:
12,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 8AM - 5PM & 24/7 Emergency Services.

Employees:
20 nonunion.
Years established:
2007

Other Information

Support & training:

Smooth Owner Transitioning of up to 2 years.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$1,002,409 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price