Full Service Sign Company
Not Disclosed, New York
| Asking Price: |
Gross: |
Cash Flow: |
| $5,000,000 |
$3,491,710 |
$574,305 |
Inventory Value:
$420,000 (included in the asking price)
Business Summary:
A Full-Service Infrastructure et al Sign Company operating out of Elmont , LongIsland and serving NYC, State, New Jersey and neighboring entities. This B2B signcompany specializing in custom interior and exterior architectural signage forinfrastructure, corporate, healthcare, financial and sports and entertainmentcustomers, as well as colleges and universities, cities, states, transportationfacilities, churches, museums, and many other types of organizations. Looking tosell or find a minority or majority investor partnership to enable growth, andrespond to the industry’s increasing growth trend and reduce or eliminate debt.With a team of skilled craftsmen and engineers, they have the creativity, technicalproficiency, and fabrication expertise to design and build everything from simplehospital door signs to business frontage sings to complex airport wayfinding andhighway and rail signage for customers in major state and metropolitan areas.For More Information Contact:Raymond SaleebyExecutive Business Brokers2583 Morris AveUnion, NJ 07083Cell: 973-524-0390Office: 908-851-9040 EXT 211Fax: 908-851-9066Business Owners: We are always in search of quality businesses to list, if youare thinking of selling your business, would like to acquire another business oryou would like an evaluation of your current business, please email us [email protected] or call 973-524-0390 or 908-851-9040 EXT: 211Detailed InformationLocation: Elmont, NY 11003
|
|
| |
|
| |
|
| Year
Business was Established: 2010 |
| |
|
| Number of Employees:
15FT |
|
| |
|
| Potential
Growth/Expansion:
With over 15 employees and growing, each innovative sign project is designed
and fabricated by craftspeople who care about quality. Their commitment to
quality, precision, and customer satisfaction shows in every sign they
manufacture ensuring a product that stands apart from the rest and is built to
last. Their 2020 revenue was $3.48 million. The projected 2021 revenue is
expected to pullback slightly due to Covid but, given current contracts and
proposal requests, 2022 is projected to be a banner year with $4.2 million in
revenue which represents a 20.2% growth rate since 2020. Cash flow available for
debt service was $609K in 2020. The current value of machinery, fixtures and
furniture is $270k and the value of their inventory is $150K. |
|
| |
|
| Competition:
Because of COVID, many of its former competitors did not survive. As a result this
company has benefited considerably with higher margins and a wider customer
base.
The firm has a substantial repeat business record and is MDBE certified by major
state and city municipal agencies representing Highway, Transportation, Schools
Dormitories, and other government groups currently planning a surge in
infrastructure projects. While it is a growing business, it has a desire and capacity
to grow more significantly both within its current market and geographically and
through a greater focus on innovative marketing, and sales. The post COVID sales
and margin results have been impressive. The services of their business includes
fabrication, installation, finishing, painting, welding, machining, engineering, field
management, high-tech cutting and printing and more.
The firm has a substantial repeat business record and is MDBE certified by major
state and city municipal agencies representing Highway, Transportation, Schools
Dormitories, and other government groups currently planning a surge in
infrastructure projects. While it is a growing business, it has a desire and capacity
to grow more significantly both within its current market and geographically and
through a greater focus on innovative marketing, and sales. The post COVID sales
and margin results have been impressive. The services of their business includes
fabrication, installation, finishing, painting, welding, machining, engineering, field
management, high-tech cutting and printing and more. |
|
| |
|
| Owner
willing to train:
Seller willing to Partner with new owner of if a total sale, Seller is willing to stay with the business to accelerate growth. |
|
| |
|
| Reason for selling:
To eliminate all debt and allow the business to grow exponentially. Willing to
partner or sell and work with new owner. |
|
|
|
| REQUEST MORE INFO |
 |
|
