The total asking price of the assets of this business.
Asset Sale Description
Must Sell! Owner has health issues.
Asking Price: $250,000 or best offer.
You can buy the franchise or just the assets.
Owner estimates FF&E and inventory ~$500,000
This business operates a #1 Sign franchise in Middle TN.
In recent years revenues had been $800,000+ and cash flow to the owner was several hundred thousand, though it is down currently.
Real estate is also for sale. $700,000
FF&E and inventory
This business operates a #1 Sign franchise in Middle TN. The location has been owned and operated for more than 20 years with solid, continuous business. The company designs, produces and installs a large variety of custom signs for any industry and any occasion. The sign products are excellent advertising and communication tools that send strong marketing messages and create memorable experiences. This particular store is unique as they perform all work in house and manufacture all products including electrical signage for lighted Outdoor Signs which is a super high-ticket item. This model is turn-key and highly scalable with multiple revenue streams. Most of the well-trained staff will remain with the business and the franchise also provides significant additional and ongoing support, not to mention the huge number of other franchise owners who will be in your network.
Commercial Building built by owner in 2003 with over 5,300 square feet plus unfinished storage area. Space includes retail store, office space, commercial work space, small business sign and graphic design area and kitchen/facilities. The building is expected to appraise over $700,000 and is available for sale or lease. There is ample parking and easy access and room for boom trucks. The Seller would consider renting building as well. Terms to be negotiated but rent likely between $6,500 and $6,800/month.
If you buy the business the owner and the franchise will provide training and transition. The franchise may also be lenient on transfer fees and start up royalties. If you buy the assets, you need to pay to move them.
Reason For Selling:
health and retirement
must be a cash deal
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