GREENSBORO, North Carolina
| Asking Price |
$13,000,000 |
Year Established |
|
|
| Annual Revenue |
$20,000,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Bill Law |
|
| Annual Cash Flow |
$4,000,000 |
Listing Number |
1007093 |
|
| # of Employees |
|
Business Category |
Manufacturing: Auto & Transportation |
|
Business Overview:
This company manufactures signs for high profile customers and has much higher margins than your normal sign company. They have sales people that cater to their customers needs on a daily basis. Most customers have been long term customers.
In some years the company has large projects and does outsource some of the manufacturing to other sign companies. This is true for some of their installation needs as third parties are used for jobs that may be too far away from their headquarters.
In the past 3 years sales and profits have risen from $10M sales and $2M profit two years ago to $15M sales with $3M profit last year to $20 Million sales and $4 Million profit for this year. A normal year in sales without ay large project work is in the $10M to $12M range with consistent profits of $2M. Large projects occur with corporate identity changes or acquisitions of other businesses.
Customers are in various industries including financial institutions, healthcare, commercial real estate, professional race teams, etc. - all hi end customers wanting quality work.
Qualified Buyers Only. No Buy Side Fee Brokers - No Exceptions. All Buyers must provide a confidentiality agreement and financial statement before receiving any other additional information.
This deal is too large for Buyers needing an SBA Loan. The Seller wants to sell the business for $13M and the real estate for another $3M as a package deal. This is a retirement sale.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity