Architectural Signs Sales and Installation

Jacksonville, FL (Duval County)

Seller Financing Available
Architectural Signs Sales and Installation

Asking Price:$135,500

Cash Flow:$125,000

Gross Revenue:$425,000

EBITDA:$65,000

FF&E:$50,000

Inventory:$5,000

Real Estate:N/A

Established:2000

Architectural Signs Sales and Installation

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Business Description

An architectural sign company servicing office, municipal entities, shopping centers, industrial parks for their outdoor on site signage needs from design, fabrication to installations. The tallest of the signs are handled by a double man bucket truck for sixty feet high signs. The other signs may be lobby lighted signs, Fascia signs for strip centers or low silhouette. Maintenance/repairs sales’ volumes are very consistent throughout the year. The company was a fresh complete start in 2000. the company covers all of northeast Florida up to the Georgia state line. All the past sign installations, their prints and individual job histories are included in the sale of all the assets.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
4,000
Employees:
3-5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business will need a new location as soon as possible. The current location is too small and needs a larger building and office. However, the business can operate for a short period of time out of the existing building. The existing location is along the I-10 expressway, mid Jacksonville, and is very convenient to all job sites. The future building size should be about 3,500 s/f.
Competition:
The Jacksonville area is growing in employment opportunities, industrially, commercially and as well as residentially. The current number of architectural sign companies with significant influence in the market area is about 4-6 companies. The selling company services customers in Clay, St. Johns, Lake, Nassau counties. Plenty of customer base available for all companies combined.
Growth & Expansion:
The Seller has never had a salesperson out marketing the company’s services. This should be the first efforts of expanding marketing after closing.
Financing:
Seller will assist in financing
Support & Training:
The business has an office manager who schedules the jobs, helps in ordering materials, provides smaller job estimates and maintains bookkeeping. She will continue employment after the sale. The owner will also provide post-closing training for several weeks and assist in the transfer of the electrical - sign license. The seller is also to be available for consulting for a short period after closing for any larger contracts’ quoting and subsequent installations, job by job.
Reason for Selling:
Retirement-Motivated recent price reduction
Business Website:
http://n/a

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A. John Richwine CCIM

Business Listed By:
A. John Richwine CCIM

MarketPoint Advisors

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Sponsoring Broker:
Wendell Brandt

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