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Connecticut Business For Sale

 

SIGN COMPANY


Attn: C. J. (Charlie) Vlahos
Greater Danbury CT Area, CT, USA
Listing Number: "224"
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Asking Price: $99,000 USD USA Dollars
Business for Sale Industry: Services: Printing, Shipping, Signs
Reason for Selling: Downsizing.
Year Established: 1952
# of Employees: 2
Yearly Cash Flow: $33,400
Yearly Gross Income: $303,000



Business for Sale Overview:
This business is On Deposit. Sign design, permitting, manufacturing, installation & service for buildings, vehicles, outside, inside & free standing signs. The business designs, makes & installs almost any type of sign . The company has produced graphics and signage for the Greater Danbury CT area since 1952. The present owner has run the business for the last 27 years - now looking to downsize - a little! Hours of operation: Monday thru Friday 9:00 to 5:00, closed Saturday & Sunday. Besides the owner there is a designer/layout person and a part time bookkeeper. There use to be another full time employee but at current volume levels is not needed. Owner's Cash Flow at current sales of $303,000 is +/- $33,400. Current owner is downsizing and slowing down - a new owner won't.

Property Features and Assets:
The business is located in the Greater Danbury Area. It is surrounded by 8,212 businesses within a 10 mile radius. The business has 2,500 s.f. of office, design, application and garage area. Rent will be $2,500/month gross + utilities. Annual rent increases to match cost of living index.

Market Competition and Expansion:
Equipment includes software, plotters, printers, scanners, office equipment and a 1998 ford 350 Econline van with a 25' bucket. $125,000 is being asked for the business. Owner financing might be possible with at least $60,000 down over 3 years @ 10%.


Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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