MergerPlace

Highly Profitable B2B Sign Manufacturer

North Carolina (Dare)


  • Asking Price: $647,000
  • Gross Income: $717,914
  • Cash Flow: $240,279
  • Real Estate: $717,914
  • Inventory: $50,000
  • FF&E: $100,000
  • Listing ID: #204228
  • Established: 2007
  • Employees: 6 FT

Business Description

If you are looking for a growing business, growing earnings and a well-trained and loyal staff, you’ll want to strongly consider this opportunity. Established in 2007, the company features a complete in-house design, digital printing, custom artwork department, fabrication and installation facility producing a wide-range of signs including banners, metal and plastic signs, sandblasted, electric, wood signs and vehicle wraps. Located in a tourist and vacation destination community.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: North Carolina
County: Dare

Company Information

Year Established: 2007
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 6 FT

Financial Information

Asking Price: $647,000
Gross Revenue: $717,914
Cash Flow: $240,279
FF&E: $100,000
Inventory: $50,000
Real Estate: $717,914
Seller Financing Available: Yes

Property Information

Facilities:

Centrally located in a tourist/vacation area in Eastern North Carolina with ready access to thousands of B2B prospects. The company occupies and operates in a 4,000 sq ft leased facility separated into an office/design/production/vehicle wrap area and an exterior sign fabrication area. The Real Estate is available for lease. The purchase of the Real Estate will also be considered.

Growth & expansion opportunities:

According to Dun & Bradstreet, the sign manufacturing industry is expected to continue expansion over the next five years. Economic growth and improved corporate profit will drive the expansion. Digital billboards, high-definition video display and LED signage are forecast to be on the forefront of the industry. Customers and advertisers will utilize these mediums to reach their target markets. Customers will continue to increase their marketing budgets and will likely purchase more displays from sign manufacturers. Also commercial construction is anticipated to post strong growth during this period to 2021. Management expects at least 20% revenue growth in 2018. There is sufficient space within the facility to increase production substantially.

Competition:

The company is the largest sign subcontractor in the region. While there are numerous direct competitors in this industry, there are none that have a majority market share locally. New commercial development, tourist-oriented businesses and a growing economy drive the demand for signs locally. The company has a well-established and loyal client base as well as accounts with national and regional brands. The sign manufacturing industry in the US is highly-fragmented with approximately 5300 companies having a combined revenue of around $12 billion. Small companies can thrive on personalized service, as this company does.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost The company has 6 full time employees. Operates one shift, five days per week: Monday-Friday 8:00am-5:00pm. It is a non-union shop.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Tully Ryan

Murphy Business Brokers