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Full-service Sign Company Serving Chattanooga for 114 Years

Hamilton County, TN

Seller Financing Available

Typical of Signage Produced
Asking Price:$750,000
Gross Revenue:$1,800,000
Rent:$2,700
FF&E:$410,000
Cash Flow:$200,000
Inventory:$40,000
EBITDA:$118,000
Established Year:1925
Listing ID: 2224120Listing provided by BizBuySell
BUSINESS DESCRIPTION

The Company specializes in manufacturing, design, printing, installation, service and billboard work. The trained work force averages 30 years' experience which makes for a great result at the end of each project.

In the design phase, the Company's designers have over 40 years' experience. They can produce the artwork needed or you can design your own.

The Company is capable of making 120' hi-rise signs down to 10' monument signs. The shop also makes led channel letters, wall cabinets, interior lighted signs and old fashioned neon signs.

The installation team is experienced in all aspects of the sign business. The Company has crews that operate a 90', 74' and a 63' crane along with a 42' bucket truck.

The Company services all types of signs for customers and sign companies. They also work with parking lot lights. The Company installs, removes and services billboards, but they do not sell billboards. This business does all things related to “on premises” signs.

DETAILED INFORMATION
Location
Hamilton County, TN
Inventory
Included in asking price
Real Estate
Leased
Building SF
16,000
Lease Expiration
30/06/2027
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
90', 74' and a 63' crane along with a 42' bucket truck. 5 trucks total, paint shop, router equipment and other equipment operating in a 16,000 square foot building.
Competition
A local competitor has roughly $3 million in sales. Another competitor does installations for major national companies. There is a competitor that does most of its business out of town. There is plenty of business available in the market. Some of it is done by smaller shops.
Growth & Expansion
Growth plans may include aggressively developing business in the area, but then also looking towards expansion to Nashville, Knoxville, Cleveland, Dalton, Huntsville, Murfreesboro and Franklin. The company’s focus could become regional as compared to local. Everything is in place to grow, but the company has chosen in recent years to focus on the local market.
Financing
60% down with 40% paid over three years.
Support & Training
The owner will provide a 90 day training period. The trained workforce is expected to stay and to provide the support needed to run the business going forward.
Reason for Selling
Retirement
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Mike
Costello
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Mike Costello
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