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Signage Manufacturer-Designer-Installations

Duval County, FL

Signage Manufacturer-Designer-Installations
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Asking Price: Get Financing: $1,250,000

Cash Flow: $300,000

Gross Revenue: $1,350,000

EBITDA: $300,000

FF&E: $275,000

Inventory: $35,000

Lease Rate: $12 /Month

Established: 2005

Signage Manufacturer-Designer-Installations

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Business Description

Company is a manufacturer and installer of architectural exterior and interior signs, offers signage design, structural and certified engineering prints, sign permit applications with municipalities, applications for signage appeals and variance permits, custom sign fabrication, project management, sign installation for customers’ who supply their own signs, maintenance services. Products manufactured: pylon signs, monument signs, channel letters, LED Signs, LED scoreboards, LED video displays, time and temp displays, electronic digital signage, architectural building signage, environmental graphics, wayfinding, neon, and marquees. This represents most of the sales revenue. Additionally, company produces large vinyl signs typically used for vehicle wraps for SUV's, delivery trucks and building windows.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
12/31/2028
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company is located on commercial property with frontage on a major highway. The masonry building is 5,000 s/f, show room, large overhead door, built in 1982. The building has excellent highway visibility and good curb appeal design.
Competition:
There is no one single competitor which dominates the local market. Thus, the company with the best over all customers service and enough working capital can become the most recognized producer of architectural signage in the market. However, there is one company which has a national presences but seems to concentrate on just build and ship out.
Growth & Expansion:
• Analysts anticipate economic growth at about 3 percent for the second half of 2018. In 2019 and 2020, they expect growth at 2.8 percent and 1.8 percent, respectively. • The U.S. economy is strong, but analysts expect a total of four rate hikes in 2018, with interest rates reaching 3.5 percent in 2020. • Several issues could impact growth projections, including what analysts called an "increasingly belligerent trade stance of the United States," which could trigger a trade war. Other issues: higher oil prices will erode growth; rising political risks in Europe (especially in Italy and Spain) could hurt growth prospects; and financial pressure remains on key emerging markets. Still, analysts say, "none of these looks like a recession trigger—yet." • More specifically for the industry, "good times" for manufacturing remai
Financing:
It is possible after reviewing a bank commitment letter
Support & Training:
Seller will provide the appropriate time required to prepare the new owner for the transition of the company.
Reason for Selling:
Seller has achieved financial status to retire from ownership/manager.
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(from currently available funds)
 
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A. John Richwine CCIM

Business Listed By:
AJohn Richwine

MarketPoint Advisors

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Sponsoring Broker:
Wendell Brandt

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