NOT DISCLOSED, Ohio
| Asking Price |
$4,250,000 |
Year Established |
1985 |
|
| Annual Revenue |
$4,055,686 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Bill White |
|
| Annual Cash Flow |
$868,902 |
Listing Number |
1018739 |
|
| # of Employees |
17 |
Business Category |
Manufacturing: Home & Office Products |
|
Business Overview:
Never had a salesperson. Never advertised. Still a steady,debt-free manufacturer with decades of repeat business from sign companies across North America. The company produces custom lighted sign faces, cabinets and related components to order for the sign trade, serving sign companies whose customers include restaurants, retailers, car washes, banks, churches and national brands.
The company has built its reputation on quality, honesty and fast turnaround, specializing in custom and short-run work that large production houses cannot handle economically. Growth has come almost entirely through referrals and repeat business, and the customer base is broad and loyal, with no meaningful dependence on any single customer.
The business is consistently profitable, with all equipment and vehicles owned outright, a fully equipped plant and an experienced,long-tenured workforce. The operation is highly scalable, and because the company has never actively pursued new business, an entrepreneurial,growth-minded owner has a strong foundation to build on and significant room to expand.
Property Features and Assets:
<p>The business operates from a well-maintained manufacturing plant of more than 40,000 square feet on several acres in Stark County, Ohio. The plant includes production, finishing, storage and shipping areas, with ample loading access and high ceilings suited to a range of manufacturing uses. The real estate is owned by a related entity and will be leased to the buyer at an estimated market rent of about $150,000 per year, triple net.<br></p><p>Assets = $1,700,017</p>
Market Competition and Expansion:
<p>The Company serves the custom, short-run end of the lighted sign face and cabinet market. That work is too small for large production houses to run economically and hard for online or overseas suppliers to copy. It competes with a handful of regional vacuum formers on turnaround, quality and service rather than price. Industry sales growth has flattened and metal tariffs have raised costs, but demand from store openings and rebranding holds steady, and the Company’s long-tenured workforce gives it an edge in a field where skilled labor is scarce.<br></p><p>The business has grown for decades on referrals and reputation alone, without a salesperson or any advertising. An entrepreneurial, growth-minded owner who focuses on sales, customer development and strategy, while an experienced production team runs the shop, has a clear opportunity to build revenue. The plant already has the capacity to support significantly more volume without expansion.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity