National Sign Design, Manufacturer, and Installation Company
| Gross Revenue: | $24,415,000 |
Description:
The Company is a national sign design, manufacturer, installation, and maintenance company with lighting expertise that specializes in large and small custom signs. With decades of experience, it has become the go-to supplier of commercial and retail signage, with several customer relationships dating back over 20 years. The Company is composed of four divisions that focus on signage, electronics, maintenance, and LED lighting.
Key Aspects:
• Strong Brand Recognition: With 20 years of operational history, the Company has become synonymous with quality and experience
• Wide Array of Products and Services: The Company offers sign design, manufacturing, maintenance, and lighting solutions for a broad range of signage types
• Solid Backlog of Projects: As of Q1 2024, the Company has approximately $16 million in project backlog
• Prominent Customer Base: Customers include several Fortune 1000 companies such as Amazon, Grocery Outlet, REI, as well as many notable casinos including, Resorts World, Sahara Las Vegas, and Caesar's Entertainment
• In-House Product Design and Management: The Company has the ability to design and manage its signage projects in-house, allowing for more control over its final product
Opportunities:
• Customer Cross Pollination: Offer the Company's lighting expertise and products to traditional signage customers for cross-selling opportunities
• Las Vegas Market Share Penetration: According to management, the Company has a significant percentage of the Las Vegas signage market share with room to expand
• In-House Manufacturing: Bring manufacturing in-house to reduce reliance on subcontractors and lower costs
• Electronics Growth: Sales of video boards and message units offer enhanced customization options for customers and open up new opportunities in the casino gaming industry
• International Sales: Expand sign sales and maintenance services to customers abroad to increase brand presence and capitalize on new opportunities
Headquartered:
• Western, U.S.
Current Markets:
• The Company services large brand name corporations across North America in the consumer, education, entertainment, financial, healthcare, hospitality, and retail industries.
Real Estate:
• The Company operates out of eight total facilities across the country that are all leased from unrelated third parties. The total square footage of the Company's operations is approximately 28,372.
Shareholder Ownership:
• The Company is owned by nine shareholders, eight of whom are actively involved in the day-to-day operations of the Company, and plan to remain post-sale.
