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Sign & Awning Manufacture, Installation, Service
Location: United States -> Rhode Island
Industry: Business Services > Other Services




Business Summary

Speciality Manufacturer

Speciality Manufacture, Sales, Installation, and Service. A multi product manufacture with a captured client base serving Rhode Island, Massachusetts, and Connecticut. Established in 1945. Located in the center of Rhode Island with easy highway access. They are an industry leader and the largest of there kind in the state. Excellent opportunity, for a family or Corporate Acquisition. Turn key operation, staffing in place, exceptional growth potential, with over a 1 Million dollar backlog.

Turn key operation, all staff is in place to continue growing the business. Prime location, high traffic count, located in the middle of the state, with easy excess to major, highways.
New ownership can step in and mange business or hire a general manager to oversee overall operations.

New ownership and more aggressive sales force can easily increase sales. Current ownership does have active sales team, they just don't have time to prospect new business, to busy with current customers. All business is word of mouth and repeat customers. Current backlog exceeds 1 million. Owner currently working full time to assist sales team and operations.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $2,417,945
Cash Flow:   $523,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $480,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1946
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  retirement

Photos

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Sign & Awning Manufacture, Installation, Service Photo 1




Print Listing Id: 700361861
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Also See: Franchise Opportunities > Franchise Resales > Rhode Island Businesses For Sale > Rhode Island Franchises For Sale > Rhode Island Business Brokers



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