Seller Financing Available
Turn-key Established Franchise Sign Shop - Silicon Valley
A Biz-to-Biz Bargain! Only $39,900 down.
San Mateo County, CA
Long-established franchise sign production shop on major thoroughfare with great visibility. The company has over 1700 contacts in the database of existing customers, derives most sales (over 95%) from existing repeat customers. Accounting records are intricately tied into the parent corporation, so the business is being valued and sold based on comparison to a new franchise rather than on sales and revenues. (Buyer may make their own independent determination of cash, credit card, and check sales. No active marketing in years. The only nearby competitor just moved across town. Tremendous potential for new owner to increase sales immediately. Inventory value is approximately $11,000; normal inventory being maintained and included in sale. Most sales are paid before or on delivery.
A similar new franchise would cost a buyer approximately $225,000 or more to start from scratch. For just over half of that amount, you buy an established ongoing business --- state-of-the art equipment, new outdoor signage, a highly-visible location, favorable rent, trained employees, market presence, existing customers, and immediate positive cashflow. Plus the owner will finance $100,000 on favorable terms.
This is one of the longest-running franchise sign locations in California.
This business has unlimited future potential. You can offer LED signs, awnings, channel letter signs, advertising specialties, and more. There's also profit to be found in sign repair. It really is unlimited.
And, there are two full-time experienced employees who are expected to stay with a new owner.
(We also represent an outdoor advertising agency franchise that can be added at relatively low cost to capitalize on the existing commercial customer base of this store.)
• Personalized customer service and commitment to quality
• High quality services and products at affordable prices
• Advantages of and support from a highly-respected nationally-branded franchisor
• Great potential for growth in current location for current and new services
The store’s operating hours are Monday to Friday 9 am to 6 pm. The store rents retail space for approximately $2,500 per month; landlord is receptive to a new 5-year lease plus renewal option.
The Transaction: The deal structure will be an asset sale. The reason for sale is the seller’s desire to relocate to pursue a new business venture. The owner would agree to stay for a brief reasonable transition time at buyer’s option. The asking price is $139,900; this includes all assets and inventory, franchise transfer fee, and complete franchisor training of new owner. Replacement value of assets alone is stated as at least $80,000--more detail is available for a serious prospect. Seller financing up to $100,000 may be available for a qualified buyer.
This is an exceptional value! ~ The cost to procure a new franchise alone with no existing customer base, no local market presence, and no established recurring revenue stream, exceeds $225,000. This business is yours for just $39,900 down and $100,000 spread over three years.
PLUS, you get in-depth training for five weeks, included in the price!