Profitable Premier Sign Installation & Manufacturing Business
This is your opportunity to own a very established, profitable sign and installation business. With over 22 years in business, and an excellent central location the Business has become known as the region’s premier resource for signs. Although most of the sign work is in the Denver Metro and Front Range areas, the Business installs as far west as Grand Junction and as far north as Wyoming, and has even performed a few in Florida.
This unique and fantastic business opportunity boasts existing premier accounts with repeat business, opportunity for high growth, strong relationships with vendors, a favorable lease/landlord, and a quality seller that possesses a remarkable teaching/mentoring personality.
This Sign Business works with all types of signs, and materials they are familiar with include a variety of metals, wood, plastic, vinyl, neon/LED lights, and much more. The Business has two general sources of revenue, sign installation and sign fabrication.
This unique sign business has customer accounts that provide recurring business. Most of these “premier” clients are high-profile company names that are known in most households. There is a significant growth opportunity to expand with the current clients since most of them are multi-state or nationally branded companies. There is also opportunity to add more of these types of clients. The Sellers are not proactively marketing the business and the business is functioning on the sales side as “order-taking.” There is no website and there are no marketing/advertising materials distributed. The owners believe a website and marketing materials would bring in more business than they could handle with the current workforce. The Seller believes as long as the new owner can give great customer service, reliability, and quality work, the Seller is confident that clients will transition to a new owner. The Seller is interested in collaborating with the new owner to come up with a plan that achieves this mission.
An excellent prospective buyer might include a person with excellent sales, account management, and experience in a services, construction, engineering, or design business. A two-person team would also be a great buyer for this business, particularly if one person was more sales oriented, and the other person was more craftsman/ builder/construction oriented.
Inventory & FFE: The sale of the business includes everything you will need to continue all current facets and operations of installation and manufacturing. The used replacement value of the Furniture/Fixtures/Equipment is approximately $130,000 and and Inventory is approximately $5,000 value. A full list of FFE is detailed on the Schedule A.
Hours of Operation: The Business is open regular business hours Monday through Friday, 8am to 5pm, and occasionally does sign installations on a weekend.
Premises and Lease: The business is located in a 4,000 Square Feet space with 4 offices (2 are currently unused), 4 restrooms, 2 storage yards (one is fenced), and 12 parking spaces. The current monthly lease rate is $3,745 per month.
The business owners have a good relationship with the landlord and a new business owner should be able to continue the relationship by obtaining a new comparable lease. Please note that SBA Loans require a lease that has terms of 10 years. Sellers will make introductions to the landlord at the appropriate time and facilitate the process of lease acquisition.
Training and Transition: Complete training is included in the sale of the business. The Seller is willing to accommodate the new owner’s specific skills and needs in order to insure a great transition.
Financing: Because of the excellent books, records, and accounting, this business opportunity has been pre-approved by an SBA Lender to a qualified Buyer with only 20% Down Payment. In order to qualify for the loan, the buyer should have relevant business management experience, construction management, or experience in the sign industry. Purchaser may not be an investor or absentee owner in order to obtain an SBA Loan.
In lieu of SBA Loan Financing, Seller will also consider financing a portion of the business sale to a qualified buyer. Terms are dependent upon prospective buyer’s creditworthiness, experience, skills, and personal collateral.