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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 with a stellar commercial reputation, as the owner who founded the business wishes to retire. The average owners’ cash flow for the last 3 years and this year's 2019 pro forma is $397,059. The business has a well-trained and very stable workforce of 12 employees which on average have been with the business on 15 years and that can fully-operate the business. Clientele located in Harris, Fort Bend and Brazoria Counties. Two of the employees are managers, one of which can take the functions of 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. Ample equipment base in excellent conditions valued at $645,000. Business is located in an industrial facility of 12,000 SF located on 4.5 acres of land in Brazoria County that are also available for sale at $900,000. In this property, apart from the main business facilities, there are also 12 storage units and 10 covered RV/Boats stalls. Owner will stay with the business upon sale as required to assure a smooth transition.

2019 Pro Forma Financial Summary:
Revenue: $1,920,141
Cash Flow: $407,107
SDE: $336,211

Listing Details

  • Price: $850,000
  • Down Payment: $850,000
  • Sellers Discretionary Earnings: $336,211
  • Total Sales: $1,921,117
  • Location: Harris 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