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PROVEN Sign & Advertising Business –Franchise resale

Lake County, IL

ESTABLISHED
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Asking Price: Get Financing: $198,000

Cash Flow: $93,600

Gross Revenue: $295,122

EBITDA: N/A

FF&E: $163,117

Inventory: $3,000

Lease Rate: N/A /SF

Established: 2010

PROVEN Sign & Advertising Business –Franchise resale

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Business Description

This seven year old Sign Franchise specializes in signs and banners for retail and restaurants, school, sports teams, religious and non-profit, real estate, industrial, trade shows and events. The business is run by a semi-absentee owner and has no driving sales effort but has a solid reputation within the surrounding community. It provides an opportunity to be your own boss and take it to the next level. The Franchisor will provide training and the owner will help during the transition. There is a $29,500k franchise transfer fee not included in the purchase price.

Signage has never been more important. Businesses are looking for new and better ways to compete. Some of the advantages of this business are that it is in a high growth industry, has regular business hours, few employees, exclusive territory.

Attached Documents

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
11/30/2021
Employees:
2 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Business leases a 2500sq’ facility located in an industrial area of the community. It has a drive in door which allows for vehicle wraps in any kind of weather. The space is leased until November 2021.
Competition:
There is a lot of competition for this business as well as all other sign businesses, however, the brands name is widely recognized and trusted for its quality and superior customer services.
Growth & Expansion:
There is no active marketing or advertising done. This business begs for a full-time sales effort and aggressive marketing campaign. Inside team is in place.
Support & Training:
The owner will assist in the transition of the business. The Franchisor will provide training.
Reason for Selling:
Owner wishes to retire
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Les Veil

Business Listed By:
Les Veil

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