Turnkey Sign Company in W. Michigan-New Price!

Contact: Malcolm Fenton
Phone: 616-558-8697
Email: [email protected]
Your Reference ID: 10192017

Description:

BUSINESS OVERVIEW

We are pleased to offer a B2B sign company, in successful operation since 1989, which provides signage services (Inventory Control, Survey and Permitting, Storage, Installation, Cleaning, Refurbishing, Creative Services, Graphic Design and, Content Development as well as other services). With a desire to retire very soon, the seller is ready to transition to a new owner quickly.

FINANCIAL INFORMATION

Sales in 2016 were $160,000 and, Seller’s Discretionary Earnings (SDE – The historical normalized cash flow available to pay an owner/operator and service debt) was 25% of Gross Sales. The opportunity is now offered at a reduced price of $110,000. Production Equipment includes vinyl cutters, computer hardware and software, two vehicles, compressor, auger, generator, ladders and other items. New websites are being developed on Facebook, LinkedIn and, Twitter.  Additionally, a meaningful seller note is available to a qualified buyer. New sales prices have produced greater profits and cash flow in quarters 2 and 3 of 2017. This trend is expected to continue thru quarter four of 2017 and well into 2018. New production equipment has been added to enhance productivity.  Ample transition training assistance is included in the purchase price.

Contact Information

To learn more about this attractively priced opportunity, please contact Malcolm Fenton at 616.558.8697 (or email at:
mfenton@praxisbusinessbrokers.com).

Other Information:
Seller willing to carry a note for a portion of the sale price for a qualified buyer.

Location(s): Grand Rapids, Michigan

Asking Price: $110,000
Cash Flow: $96,000
Gross: $160,000
Inventory: $65,000

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