Successful Sign Business

Summit County, UT

Seller Financing Available
Signs
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Asking Price: $250,000

Cash Flow: $52,000

Gross Revenue: $500,000

EBITDA: $10,000

FF&E: $51,000

Inventory: $18,000

Rent: $3,100 /Month

Established: 1983

Successful Sign Business

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Business Description

Company has been in business since 1983 as a full-service sign designer, manufacturer and installer. Located east of Salt Lake City Utah, the company services much of northern Utah. The company has a great reputation in the community and has a well-established clientele with majority of revenue coming from repeat business. Owners have been in the community for decades and can assist with a smooth transition. Business can be run with a small staff or expanded easily. Perfect opportunity for an owner-operator or an investor.
Community has only one other established sign company. The community is experiencing significant growth, which will allow new owners to expand the business. Current owners spend very little money on sales and marketing as business comes in based on reputation and time in community.

Detailed Information

Location:
Summit County, UT
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
2/28/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company operates out of a single 2300 sq foot light industrial facility that has office and production space. Current lease is $3,100 per month.
Competition:
While Salt Lake valley has many competitors, the immediate community has only one other sign company. The community is growing significantly. Current customers will have more sign needs and new businesses will have sign needs.
Growth & Expansion:
Organic growth will happen due to the growth of the community. Current owners spend very little time and effort on sales or marketing. Effort would create additional sales.
Support & Training:
Owners are willing to remain for a time during the transition.
Reason for Selling:
Owners are focusing on a financial service business.
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Business Listed By:
Eric Myers

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