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Central Texas Sign Manufacturing Company

| Asking Price: | $1,600,000 | Inventory: | $75,000 ++ |
| Gross Revenue: | $1,209,000 | Real Estate: | n/a |
| Cash Flow: | $505,000 | FF&E: | $417,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
The company provides a full range of signage products from electric signs to billboards to vehicle wraps and banners. New business is mostly word of mouth. There is some yellow page advertising, but no dedicated sales person. The business is located in a growing area and could be improved with even a minimal sales effort. The business is not feeling the pinch of the recession at all. 2009 is off to a great start with $200k in revenue for the first two months of the year. It's still early, but it's looking like 2009 will be every bits as profitable as 2008. The seller has tremendous faith that the new owner will be successful and is offering substantial owner financing. This opportunity has an executed LOI.
About the Business
Year Established:1975
Employees:10 full time -
Facilities:The business is run out of approximately 8,000 square feet and has been at the current location for over 20 years. The facility is well maintained and is located in a high traffic area.
Market Outlook and Competition:The greatest opportunity with this company lies in establishing a concerted sales effort. There is no sales person on staff now.
About the Sale
Reason For Selling:After 30 years in the sign business, seller is ready to simplify his life.
Seller Financing:Willing to provide owner financing with $500,000 down. Balance over 10 years.
KEYWORDS: texas, manufacturing, manufacturer, manufacture, manufactures, signs, sign, billboards, billboard, commercial, yellow page, advertising, banner, banners, electric signs, advertisements, austin, texas
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State: Texas
County: Austin Last Viewed: Profitable Busy Liquor Store
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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