Business Overview:
This sign manufacturer has a sterling reputation built over decades serving a loyal and diverse commercial, institutional, educational and retail customer base in the Midwest and nationwide. It services and manages its customers’ complete sign requirements, from a single sign to major corporate changeovers. The Company distinguishes itself by its high quality, ability to tackle large and complex projects and successful long-term relationships with large key accounts. Sales are on the upswing, as several significant customers have restarted projects postponed during the pandemic and others have launched major rebranding programs requiring updated signs. The Company presents an excellent opportunity for vertical integration for a sign-related firm, or a buyer wanting to bring sign manufacturing in-house.
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Property Features and Assets:
The Company has operated from its current facility for 35 years. The building, with its 75,000-square-foot shop and 5,000 square feet of office space, is less than a mile from the region’s main north-south highway. Both the building and land are owned by the Company's Owners.
Current facilities could handle an estimated $15 million to $20 million in sales, with additional labor and adding a second shift.
The building and land are available for purchase along with the Company, and management desires to sell the real estate with the sale of the Company.
Market Competition and Expansion:
GROWTH OPPORTUNITIES
Room to grow – The Company’s well-equipped facility has unused capacity, leaving room for growth with more hiring and adding a second shift.
Increasing sales focus – Serving its large base of existing customers has left less time for pursuing new ones. More aggressively pursuing sales, while maintaining excellent project management, could bring in new customers.
Booming market territory – The market region’s solid and growing economy provides ample opportunity for new sales and increased market share.
New markets – Prior completion of projects outside its usual niche has revealed new directions for potential growth.
INVESTMENT HIGHLIGHTS
Stellar reputation – With many decades in business, the Company is recognized as a leader in the sign industry.
Broad capabilities – The Company’s ability to maintain quality while completing large and complex sign projects sets it apart from the competition.
Loyal customer base – Long-term relationships with large key accounts have built a solid foundation for the Company’s current and future success.
Serving diverse industries – Customers are spread across a broad range of industries, giving the Company a hedge against downturns in any particular one.
Dedicated employees – The Company has attracted and retained an experienced staff dedicated to the business’ overall success.
Reason for Selling:
Owners want to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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