Listing Number: 6401-736283
Description
The best sign manufacturer with excellent long-standing reputation in the area. Tenured employees in place run day to day operations and are poised to further grow the business with new owners. Seller does not run any equipment but is hands on with team supervision, management and administration of operations, as well as some outside sales. Products and services include every variety of sign manufacturing from name tags, decals to property signs, vehicle graphics, including project management, design, material ordering and management of illuminated signs and monuments, and interior ADA signage. Sales comprised of Business to business, online presence, community networking and drive by in store sales. Breakdown of monthly revenue: In house sign manufacturing- 60%, Installation -20%, Subcontract sales-20%. Operating primarily within Palm Beach County, some sales from secondary organizations such as healthcare and restaurant and auto sales, property management which bring revenue from outside Palm Beach County. Current marketing methods include national franchise television Ads and online presence, as well as involvement in local organizations such as business networking groups, Chambers of Commerce, Leadership Palm Beach County and customer referrals. Excellent books and records. Seller willing to train for a reasonable timeframe to be agreed upon with buyer. 2023 sales on track to exceed 2022. Seller wants to retire and relocate.
Listing Details
- Price: $ 1,200,000
- Down Payment: $1,200,000
- Sellers Discretionary Earnings: $ 374,783
- Total Sales: $ 2,314,075
- Location: Palm Beach County, Florida
- Inventory: $ 80,000
- FF&E: $ 165,000
- Employees: 13
- Year Established: 1990
- Reason for Selling: retiring
- Category: Signs
