High End, Profitable Sign Company
Location:
United States
->
Arizona
Industry: Manufacturing > Other Manufacturing
Business Summary
Asking Price: $3,750,000. Revenue: $3,436,000. A substantial, profitable company with a growing backlog and a significant sales pipeline, this sign manufacturing and installation company is an excellent opportunity for sole ownership or as an acquisition for an existing sign company wishing to expand into this region.
This company has made a significant expansion in servicing petroleum companies and has a growing customer base in a diverse set of industries. The company's reputation for exceptional customer service is an asset earned over many years in the business. They also have a strong network of subcontractors that combined with the highly trained in house staff make this business poised for continued growth.
Growth Opportunities:
This company has grow significantly in the last year and the run rate and sales pipeline for 2008 indicates this business will continuing to grow. Adding the company's first out side sales person would very likely increase the growth opportunity substantially.
Competition:
The sign business is competitive, but this company has carved out a very profitable niche. Their very strong reputation for customer service has earned them spots on a number of ''preferred vendor'' lists which protects the profitability. In addition, this company has hit economies of scale that make them very profitable in competitive bid situations.
Reason For Sale:
The founder has run the company for 15 years and having greatly increased its profitability in the last few years, is ready to move on.
Transition Plan:
The current owner expects to stay with the business for enough time for an orderly transition and to train a new owner.
Real Estate:
The company occupies two buildings, one 10,500 square foot shop / administrative and a 6,000 square foot shop all on 1.25 acres. This land and an adjoining one acre parcel are owned by the seller and are available for lease or purchase. Real estate is not included in asking price.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
$3,436,000
Cash Flow:
$1,009,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $183,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1993
Number of Employees: 10 - 19
Relocatable: Yes
Franchise: No
Current Real Estate: Owned
Property: Property For Lease
About The Sale
Management Training and Support: The current owner expects to stay with the business for enough time for an orderly transition and to train a new owner.
Reason For Selling: The founder has run the company for 15 years and having greatly increased its profitability in the last few years, is ready to move on.
Click on the "I'm Interested" button above for more information on this Manufacturing > Other Manufacturing business for sale.
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Print Listing Id: 70077410
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