MergerPlace

Full Service Sign Shop

Minnesota


  • Asking Price: $2,007,000
  • Gross Income: $2,239,882
  • Cash Flow: $525,626
  • Real Estate: $512,000
  • Inventory: $158,673
  • FF&E: $477,149
  • Listing ID: #207177
  • Established: 1979
  • Employees: 15 FT

Business Description

Well established, highly profitable sign design, manufacturing and install company. Having been in existence for almost 40 years, this sign shop is a leader in its market territory and region and has a long established history of great profitability. With 15 full time employees and two locations this business is a full service sign shop with lots of potential to maintain the business as is or grow the business through more aggressive business posturing. The main operating building is also available for sale or lease. With ample room for operations this business could expand into different products in its current space.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: Minnesota

Company Information

Year Established: 1979
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 15 FT

Financial Information

Asking Price: $2,007,000
Gross Revenue: $2,239,882
Cash Flow: $525,626
FF&E: $477,149
Inventory: $158,673
Real Estate: $512,000
Seller Financing Available: Yes

Property Information

Facilities:

The main operating building is owned by the business and is approximately 12,000 sq ft. There is also a leased facility, with the current landlord willing to extend the lease for a new owner. With the current buildings owned and leased by the business, there is plenty of room to continue current operations and possibly expand into different service or production lines.

Growth & expansion opportunities:

This business could benefit from a new owner that wants to invest in marketing efforts, including hiring more sales staff and honing sales processes. With a solid reputation and established client base, this company could be bought and run as is, added to a larger company to bring in new clients, or expanded to new territories for increased sales opportunities.

Competition:

The sign industry is competitive, but few companies offer the depth of product line and ability to make signs from scratch that this business offers. This company differs itself from its competition by offering high quality, state-of-the-art, customized signage that few other companies can offer.

Reason for selling:

Time to move on to more travel and hobbies.

Support & Training:

Will train for 2 weeks @ no cost. This business is a full service sign shop offering design and install of signs and everything in between. Various licenses are required to operate in various localities, with different cities requiring varying levels of licensing. The new owner should have good people and process management skills.

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Business Listed By:

Jacob Petersen

Murphy Business Brokers