38 Plus Year Sign Manufacturing & Installation Company - Houston

Listing Number: 76931-938398

Description

Unique opportunity to acquire a 38+ year full-service sign manufacturing company serving in Houston with a stellar commercial reputation, as the owner who founded the business wishes to retire. Sales for 2018 were $1.920 MM and average owners’ cash flow for the last 3 years of US$ 307,000. Clientele located in Harris, Fort Bend and Brazoria Counties. The business has a well-trained and very stable workforce of 12 employees which on average have been with the business on average 15 years and that can fully-operate the business. Two of the employees are managers, one of which can function as General Manager The owner currently functions as General Manager. The company has all the vehicles and equipment required to manufacture, install and service all types of signage, both indoors and outdoors, including electrical signage. The equipment is in excellent conditions and is valued at $645,000. Business is located in an industrial facility of 12,000 SF located on 4.5 acres of land that are also available for sale at $900,000.00. In this property, apart from the main business facilities, there are 12 storage units and 10 covered RV/Boat stalls. These additional facilities generate additional rental revenue of approx. $2,000. monthly. Owner will stay as required to assure a smooth business transition.

Listing Details

  • Price: $850,000
  • Down Payment: $850,000
  • Sellers Discretionary Earnings: $222,109
  • Total Sales: $1,850,000
  • Location: Brazoria County, Texas

  • Inventory: $40,000
  • FF&E: $645,000
  • Employees: 12
  • Year Established: 1981
  • Reason for Selling: Retirement
  • Category: Signs
38 Plus Year Sign Manufacturing & Installation Company - Houston

Business Listed By:

Pedro Palacios-Rhode