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Business For Sale
UNDER CONTRACT PROFITABLE SIGN MANUFACTURER
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Asking Price: |
$180,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Non-classifiable
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Reason for Selling:
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retirement |
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Year Established:
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1991 |
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# of Employees:
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4 |
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Yearly Revenues:
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$300,000 |
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Yearly Cash Flow:
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$87,000 |
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Yearly Net Profit:
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$87,000 |
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Monthly Payroll:
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$4,750 |
Business for Sale Overview:
This company was started in 1991 as a design and sign manufacturer. They design, manufacture and install a wide variety of products. With parking and 3,000 square feet of space, this company could easily accomodate additional growth or be consolidated with another sign company. Great marketing tools, a great profit margin, seller financing and new energy could make this a unique opportunity.
Property Features and Assets:
Building is located on a busy main street with plenty of exposure. In addition to the 3,000 square feet office, display and workroon, there is separate parking for 5 cars and a full basement. There is 1 year remaining on the current lease with 2 5-year options.
Market Competition and Expansion:
The company has a great reputation, an extensive customer list, and marketing tools for a new energetic owner to use. With a 70% gross profit margin, and low administrative expenses, additional sales drop largely to the bottom line.
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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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