Established Sign Business for Sale
Established Sign Business for Sale
Price: $115,000
Location: Yonkers, NY (Westchester County)
Industry: Other Services (except Public Administration)
Listing ID: RaptID5582
We are the exclusive agents for this full-service graphics & sign shop located in Westchester, NY. The firm was founded by the present ownership in 1987 and since then has designed logos and signs, banners, and vinyl lettering for a variety of clients.
The owner is proud of his creativity and professional ability to satisfy his client’s signage needs. He appreciates that each job is unique, designing and customizing every sign to his customer’s requirements. The Company utilizes computerized sign making programs to enable it to satisfy even difficult jobs efficiently and promptly. The owner takes considerable pride that he can deliver a superior sign product at a competitive price.
Ownership has reached retirement age and is looking for an easier lifestyle. Presently, he is essentially a one-man shop, using outside contractors for installations.
Total Sales: $157,000
Cash Flow: $54,000
FFE Included: Yes
FFE: $50,000
Reason For Sale:
Owner has reached retirement age
Training & Support:
Owner will remain on staff to transition business.
Year Established: 1987
Monthly Rent: $2,700
Type of Location: Leased
Square Footage: 3,000 sq.ft.
Competition:
here are local competitors, but ownership partners with them, sharing equipment he has that they don’t and using their equipment (i.e. bucket truck) that he doesn’t. They are good, friendly competitive relationships. Ownership feels that its “edge” is the relationships it has built as a reputable supplier of quality products, properly installed at a fair price.
Potential Growth:
Present ownership believes that the business would benefit from a more aggressive owner operator to bring the business to the next level. The internet represents a significant potential growth market for the buyer. More significantly, the company has a large database past customers, many with email addresses. This represents a potential source for new business. Contacting these past customers by direct mail, telemarketing and/or email (such as Constant Contact), with an offer coupon may be a good strategy for a new buyer.
Financing/Terms:
Seller will provide financing with dn payment of $45K.
For more information on this listing, please complete our Non-Disclosure Agreement
