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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. 2019 owners’ cash flow from the business is $277,000 and $346,000 w/ real estate. 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 assist with general management. 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 valued at $900,000. In this property, apart from the main business facilities, there are also 12 storage units and 10 covered RV/Boats stalls, to be included as part the sale of the real estate. Owner will stay with business upon sale as required to assure a smooth transition.
. These additional facilities could generate additional rental revenue of approx. $2,000 monthly.
2019 Financial Summary: Revenue: $1,937,000
Cash Flow: $346 (w/ real estate
SDE: $277,000 (without real estate)

Listing Details

  • Price: $850,000
  • Down Payment: $850,000
  • Sellers Discretionary Earnings: $277,580
  • Total Sales: $1,937,000
  • 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