Profitable commercial electric sign manufacturer established for 20 years is available for acquisition. $1,587,424 Sales,$324,422 Discretionary Earnings Asking $825,000 plus $100K inventory & A/R .
The company has an excellent 10,000 sq ft manufacturing complete with CNC router, brakes, channel letter maker, shears, spray booth with computer color matching, and diesel truck with 65 ft crane/boom. The company technicians fabricate all signs in house including aluminum sign fabrication, custom channel letters, custom logos and graphics for signage. The company’s designers create all of the CAD drawings for client approval, city permits, and in house fabrication. Field technicians do installations ranging from tall pylon signs for malls, shopping centers, and city gateways to monument signs, channel letter on buildings including high rises, and indoor signage for commercial buildings and arenas.
- $1,587,424 Sales
- $324,422 Discretionary Earnings
- Asking $825K plus $100K inventory & A/R estimated
- $106,429 Down Payment SBA Financing
- Established over 20 years
- 14 employees including, Sales Manager, designers, technicians, and admin
The company is well known for its high quality fabrication and installation as well as excellent design skills in creating the look their customers seek for their signage. The company does not actively market or advertise and relies on current active customers and referrals only.
The company has a highly skilled and professional staff of 14 employees, including designers, manufacturing technicians, sign installers/field techs, sales manager, and an admin assistant.
- Custom Electric Sign Manufacturing
- Channel Letter Signs Custom Made
- Custom Electric Graphic Signs
- Large/Tall Pylon Signs
- Large Monument Signs
- Indoor Signage for Arenas and Commercial Buildings
Buyer Skills and Requirements:
The owner has a C45 Electric Sign Contractor’s License and will act as RMO (Responsible Managing Officer) for one year while the Buyer obtains their license. One year is the maximum time permitted by the SBA for the Seller to act as the RMO or be directly involved in the business. The Buyer must be willing and capable of learning to manage and operate a sign manufacturing business. The Seller will provide training for 4 weeks and will offer limited consulting after the initial training period.
Reason for Selling:
The owner has another business they wish to focus on and work full time in and they no longer have time to actively run this business. The owner would like to find a qualified buyer who wants to continue to successfully run the business. The owner is willing to train for 4 weeks/40 hours per week and continued paid consulting if needed.
Down Payment and Working Capital Required:
The down payment and working capital required for this transaction is a minimum of $106,429 down payment with SBA financing, plus working capital estimated at $50,000. SBA financing includes estimated $100,000 for inventory, WIP and A/R purchase. Financing details are in the Confidential Business Review provided after receipt of your NDA.