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Quick Facts
Asking Price: | $299,000 | |
Annual Revenue: | $476,076 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $165,352 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 4 | |
BBN Listing #: | 33635879 | |
Broker Reference #: | 6842-608221 |
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Business Overview:
NY/NJ Leader in Donor Recognition Wall Signs for Hospitals & more
This business has firmly established itself as a premier sign provider to dozens of hospitals and healthcare facilities in the NYC Tri-State area. The specialty sign business designs the critically important donor recognition walls for these prestigious institutions. It does not do the manufacturing. All work is subbed out.
Importantly, 75% of the client design work and client follow-up is done by employees who would stay on board after the sale.
The owner/seller plans marketing campaigns, manages oversite, and does some original design work.
There are five competitors in the marketplace. The competitive advantage this company enjoys are several, especially in the client service provided as well as the time put into each and every project - from $50 to $100,000.
Potential Growth:Growth opportunities are incredibly strong to expand the donor recognition walls to countless other institutions in the NYC metro area including universities, museums, libraries, houses of worship, or other institution celebrating important donations. A true recession-proof business with tremendous upside.
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Property Features and Assets:
For nearly three decades, the company has forged close relationships with NY-NJ area hospital decision-makers in one critical area: recognition wall displays. The result is a meticulously designed and manufactured wall-mounted displays celebrating the generosity of individuals and families who have donated to these world-class healthcare institutions' capital improvement projects.
Market Competition and Expansion:
There are five competitors in the marketplace. The competitive advantages this company enjoys are several, especially in the client service provided as well as the time put into each and every project - from $50 to $100,000. Potential GrowthGrowth opportunities are incredibly strong to expand the donor recognition walls to countless other institutions in the NYC metro area including universities, museums, libraries, houses of worship, or other institutions celebrating important donations. A true recession-proof business with a tremendous upside.
Reason for Selling:
Semi retirement
Additional Details:
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