Sign Company for Sale in Connecticut

Not Disclosed, CT

Asking Price: Annual Revenue:
$250,000 $315,854

Services: Printing, Shipping, Signs

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RE: Sign Company for Sale in Connecticut Broker: Jennifer Smith

Quick Facts

Asking Price: $250,000
Annual Revenue: $315,854
Net Profit: Not Disclosed
Cash Flow: $50,080
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 1
BBN Listing #: 49284955
Broker Reference #: 5506-15927

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Business Overview:

This is a well-established sign company that prides itself on customer service. The business has been in operation for over 15 years. Historically the Seller’s Discretionary Earnings are around 26%. The company keeps its costs down by outsourcing certain types of projects to reliable subcontractors with whom they have a strong relationship. With a 3-month transition period, a new owner will be able to hit the ground running to serve the Southwest Connecticut market.

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Property Features and Assets:

The business is located in a 1,400 square feet office space within a retail center. It is on a very busy state road. It is easily accessible since the building is close to the intersection of a major North-South route and close to two major East-West routes. There is approximately one year left of the lease, allowing the new owner time to learn the business before deciding if they would like to relocate. Assets= $50,000

Market Competition and Expansion:

There are two other sign companies in the area and the owner does not consider them to be formidable competitors. These businesses do not have a welcoming environment for customers to visit when they need to ask questions or get help. The company has focused on creating a customer showroom instead of just being a 'sign shop' which has helped them stand out from the competition. The city the company is located in is undergoing a massive multi-year redevelopment project. They just finished construction of a large retail development and several new hotels. The construction and redevelopment plans go on for at least another 5 to 7 years (which represents ongoing signage opportunities). The owner also feels that leveraging social media would be beneficial to the company as they currently do not have any social media accounts.

Reason for Selling:

The owner is ready to retire.

Additional Details:

  • The property is leased.
  • 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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