25+ Year Specialty Sign Company

Cincinnati, OH

Asking Price:	$398,000
Gross Revenue:	$414,000
EBITDA:	$144,000
Established Year:	1998

Cash Flow:	$144,000
Inventory:	$5,000
FF&E:	$180,001

Listing ID: 2084058Listing provided by BizBuySell

BUSINESS DESCRIPTION

This independent and specialty sign company with over $180,000 in equipment value is operated by the original owner who is of retirement age. The company has open terms with over 600 local customers that it has amassed through the years – none of which represent more than 10% of sales. Of the many services that the company is capable of performing, they do post and panel signs out of aluminum and wood, dimensional lettering and logos, ADA signage using braille, custom banners, and print digitally, and much more. The company also has the ability to do vehicle wraps.

The company is offered as an asset sale purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan eligible
Much room for growth
No debt in the company
Uses proprietary software
No accounts receivable issues
Monday through Friday work week
No website – all word – of - mouth advertising
Property available to purchase – 6,000 square feet
Clean books and records – all numbers are verifiable

DETAILED INFORMATION

Location

Cincinnati, OH

Inventory

Included in asking price

Real Estate

Leased

Employees

Furnitures, Fixture & Equipment(FF&E)

Included in Asking Price

Facilities

The working space has 4,216 square feet of building area which is broken up into 1,448 square feet of office area and 2,768 square feet of shop area. The second floor is a residential apartment with 1,600 square feet. The business could expand and take over the second floor if needed.

Competition

Not many sign manufacturers have the capability that this company has. Many sign companies send their specialty sign needs to them. The company has a very loyal and large customer base that it maintains because of their superior service and attention to detail.

Growth & Expansion

The company does not have a website. Creating a new and imaginative website with SEO marketing would surely drive new business to them. Having a sales - oriented owner or hiring an outside sales person would also reap benefits. In addition, the company has the equipment to be capable of doing vehicle wraps, but does not currently do them.

Financing

SBA loan eligible

Support & Training

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Reason for Selling

The owner is of retirement age and, after successfully transitioning the company

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