Listing Number: 32941-836406
SBA 7(a) Qualified Business - Beautiful Northern NC Location, Servicing Virginia, the Carolinas & Georgia.
The success of this B2B company can be traced to the founding principles of the sellers of keeping the operation as simple for the customer and their team as possible. Additional important factors in their success include a strong vow to exceptional customer service, a commitment to providing quality products through a unique approach to manufacturing & order fulfillment and a centrally located facility making it easy to navigate a footprint from Virginia to Georgia. By following these core principles and maintaining a conservative management style, the company has enjoyed a manageable and stead-fast growth of revenue and bottom-line profit over the past 3 decades.
The company utilizes a “smart” fabrication approach for the production output of numerous products, which meets customer’s demands for delivery without taxing the framework of the business. This model has helped the company establish the relationship and secure the work for many well-known and familiar brands serving a wide variety of industries.
This opportunity checks many boxes that a buyer is looking for:
LONG ESTABLISHED BUSINESS: Same ownership for 33-Years
SDE / OWNER BENEFIT: 3-Year average of $441,383
EBITDA + OFFICER’S COMP + INSURANCE + RETIREMENT: 3-Year average of $406,297
HIGH PROFIT MARGINS: The company is in an industry that delivers high margins
WELL-KEPT FINANCIALS & TAX RETURNS: The seller take great pride in maintaining accurate financial records
SBA 7(a) PRE-QUALIFIED: The business has been pre-qualified for an SBA 7(a) business acquisition loan.
DEEP CUSTOMER & KEY ACCOUNT BASE: 33-Year old company provides extensive goodwill
COMPREHENSIVE FFE LIST: Opportunity provides more than just goodwill in the asset purchase, as there is considerable FFE
The business has been approved and is prequalified for the SBA 7(a) Business Loan program, which has huge significance for any buyer. A buyer can be confident upfront that with this distinction, the company has been historically successful, profitable & is lender qualified with SBA backing.
The business is being sold because the seller is ready to enjoy retirement. An NDA, Financial Statement or Bank Letter & an Acquisition Overview Call is required for all interested parties.
- Price: $1,125,000
- Down Payment: $1,125,000
- Sellers Discretionary Earnings: $373,815
- Total Sales: $1,359,628
- Location: Forsyth County, North Carolina
- Inventory: $15,000
- FF&E: $0
- Employees: 8
- Year Established: 1987
- Reason for Selling: Owner Retiring
- Category: Signs