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Sign and Service Company


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This is a great opportunity to own a profitable sign and service company that has well-trained staff with over 30 years of experience and a variety of skillsets that range from flags and banners to corporate branding. They have a service and installation team for all sorts of projects. They are a one-stop-shop for a niche industry and have very strong repeat business with little to no marketing or outside sales efforts.



Listed By: Mike Kendall

Background information

Reference:

0066

Year established:

2010

Reason selling:

The seller is currently spending about 25 hours a week managing the business is wanting to focus on their other business interest.

Finance

Sales:

$1,508,860

Profits:

$645,408

Profit type:

Discretionary Earnings

Operations

Employees:

Six total employees. This includes two printers with many years of experience, a newly trained employee working front desk, a graphics producer with years of experience, and two sign installers.

Equipment:

Most equipment in the facility is leased

Premises

Facility:

The facility comprises 10,200 of total space including approximately 500 feet of front office/reception area. The lease is currently month to month and run $5300 per month.

Square footage:

10200

Rent and lease terms:

$5300 month to month

Opportunities

Growth:

Industry revenue is expected to increase by 2.2% annually over a 5 year period. All repeat business and no marketing is being done. The market they are serving is growing very rapidly.

Market:

There is plenty of competition in the signage space but very few that service this market and provide installation services for all their signage needs. Additionally, this company is dominating the street sign sector.

Price and terms

Price:

$1,550,000

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