Business For Sale

Asset-Rich Sign Company in the Carolinas

Not Disclosed, NC


Asking Price: Annual Revenue:
$1,500,000 Not Disclosed

Manufacturing: Non-classifiable


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RE: Asset-Rich Sign Company in the Carolinas Broker: Richard Heaton
Owner Financing is Available!

Quick Facts

Asking Price: $1,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,200,000
Real Estate: Not Disclosed
Year Established: 1973
Employees: 14
BBN Listing #: 770250692
Broker Reference #: 32941-65640

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Business Overview:

This one-owner sign company was established over 40 years ago and has earned a reputation as an industry leader in the Southeast U.S.

With assets valued close to the sale price, the company offers a low-risk opportunity for potential buyers, including national sign companies, wholesale-to-the-trade suppliers and companies establishing their own sign division to control quality and costs:

• Expanding sign companies will acquire a valuable presence in the Southeast thanks to the company’s deep client list, state-of-the-art manufacturing facilities, and nearly unrivaled fleet of installation and service vehicles.

• Companies already supplying the retail sign industry will have a turn-key opportunity to ramp up production quickly.

• Companies seeking a sign division to serve their own signage needs will acquire assets capable of producing and installing an incredibly high volume of signs -- potentially saving them many, many times the purchase price in just a few short years.

Due to the impressive facilities, FFE & customer base, new owner/s will be in a strong position to grow revenue quickly.

Business is being sold due to owner retirement. An NDA and Financial Statement or Bank Letter is required for all inquiries.

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Property Features and Assets:

The impressive state-of-the-art 24,000 +/- square feet facility was designed and constructed for the sole purpose of sign manufacturing with efficiency. The building includes 5,000 square feet of reception area and offices including executive, admin, sales, and project management offices. The fabrication area includes overhead bridge cranes that cover the entire facility--keeping production moving at a brisk pace. A comprehensive FFE is asset rich and includes all major fabrication equipment capable of producing everything from architectural projects to national program signage. An up-to-date fleet of service and installation trucks, cranes and equipment include Elliott’s, heavy lifting cranes, auger, drilling & excavation equipment to keep all installation projects in-house for quality control.

Market Competition and Expansion:

While the sign and graphics industry is a competitive marketplace, this sign company has been a constant in the Carolinas, Georgia and Southeast U.S. servicing clients for over 40 years. By combining a strong name recognition with an elite manufacturing facility, this company has a distinct competitive advantage over the competition. Additionally, this is a prime opportunity for an expansion of operations into the southeast for a national sign company or wholesale supplier to the trade. With a strong foundation built over 40 years and a facility custom built to produce signage projects efficiently, all tools are in place to grow business substantially in the current model dominated by B2B and chain account sales. Due to the facilities in place, this is also a prime opportunity for a national sign company or wholesale to the trade supplier to expand into the southeast.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not 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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