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Full Service Sign, LED & Outdoor Advertising

Cambridge, ON
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Asking Price:$550,000
Gross Revenue:$560,000
Cash Flow:$155,000
Established Year:1969
Listing ID: 2303492Listing provided by BizBuySell
BUSINESS DESCRIPTION

This company has operated since 1969 with the same family ownership and has a very well known and established name in one of Canada’s fastest growing and most influential areas - the Cambridge and Waterloo Region. It can boast Award Winning designs, including Local and International Gold Ranking for best community signs designed in its LED digital message centre. The company has also been voted best sign business in the Readers Choice Awards for the past two years and best rated year after year.
The business runs steadily throughout the year and Spring/Fall are the busier seasons. Subcontractors, sub manufacturers and sub installers are utilized when required and a very trustworthy and reliable network has been established. This father and son family company is now looking to retire and pursue other interests. They are willing to stay on and train a new, ambitious owner for a smooth transition.

DETAILED INFORMATION
Location
Cambridge, ON
Inventory
Not Included in asking price
Employees
5
Facilities
Approximately 1550 sq. ft. 3 main areas; Reception and 2 offices. Separate clean graphic room & separate shop for assembly & manufacturing. Some outside storage allowed. 6 parking spaces. 12' overhead door, shop entrance door and front office entrance. High ceilings. Room for new equipment.
Competition
Located on the main highway leading through the city in one of the fastest growing areas of South Western Ontario. Signs are this company’s entire business and attention to detail is paramount. They have been designing, manufacturing and installing signs of all shapes and sizes with countless applications for over 55 years and they simply know the business inside and out.
Growth & Expansion
Phenomenal opportunity for growth potential. Great opportunity for up-selling existing clients and presenting more products and long-term relationships. Currently has year round franchise work, producing signs for multiple locations from Cambridge into the Greater Toronto area. Additional marketing is required, creating a better online presence, creating an inside sales initiative and up-selling present clients. Currently the owner over-sees estimating, scheduling of jobs etc. A manager could run the company.
Support & Training
Owners are willing to stay on and train a new, ambitious owner for a smooth transition.
Reason for Selling
Retirement and pursuing other interests.
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Khaled
Baranbo
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Khaled Baranbo
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