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Sign Manufacturer with loyal customers and advanced equipment
Business Description
A niche, sign manufacturing company with 3 distinct product offerings, loyal corporate customers and state-of-the-art equipment.
Customers are loyal due to the company’s quality, range of capabilities and one-stop shopping experience.
Competitors are either much smaller with a limited product range, or much larger and unwilling to be flexible and provide a full range of products and services. Very few competitors have all of the certifications and approvals of this company.
Newer, high-tech equipment helps the Company produce leading-edge designs and the highest quality products. It also allows over 90% of operations to be performed in-house which gives the Company control over scheduling and delivery, both very important to customers.
• Profitable and growing in their unique niche
• Loyal customers
• State-of-the-art equipment
Customers are loyal due to the company’s quality, range of capabilities and one-stop shopping experience.
Competitors are either much smaller with a limited product range, or much larger and unwilling to be flexible and provide a full range of products and services. Very few competitors have all of the certifications and approvals of this company.
Newer, high-tech equipment helps the Company produce leading-edge designs and the highest quality products. It also allows over 90% of operations to be performed in-house which gives the Company control over scheduling and delivery, both very important to customers.
• Profitable and growing in their unique niche
• Loyal customers
• State-of-the-art equipment
About the Business
- Years in Operation
- 53
- Employees
- 18
- Currently Relocatable
- Yes
- Facilities & Assets
- Included in asking price. Fair Market Value (FMV) of equipment is estimated at $900,000 although a formal appraisal has not been done. Key pieces of equipment include CNC laser cutting, professional spray booth, CNC routers, delivery trucks, automation software and many more.
Prime condition and ideal location is leased from a related party who will:
1) Continue leasing to the new owner
2) Sell the building to the new owner.
3) Lease with Option to purchase, etc.
Moving the business and equipment is possible. - Market Outlook / Competition
- The combination of 3 different product types leads to few direct competitors and thus the Company’s niche. There are:
• Larger Competitors – Tend to be less willing to customize or be flexible.
• Small Competitors – Lack of product range and in-house capabilities. - Opportunities for Growth
- Significant growth potential.
• Marketing and Sales – Company currently has no marketing or sales functions. Customers find them through referrals or prior experience.
• Design Capabilities – Additional design capability would allow the Company to get involved in projects earlier in their lifecycle.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 11,000
About the Sale
- Seller Motivation
- After over 35 years in business, current ownership is interested in retiring.
- Transition Support
- Owner will happily support the transition process but do not wish to continue running the business long-term.
- Financing Options
- Seller prefers 100% cash at closing. Projections based on management opinion; past pe
Listing Info
- ID
- 2385066
- Listing Views
- 931
Listing ID: 2385066 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. See our full Terms of Use. Learn how to avoid scams.
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