Business Summary:
Opportunity to purchase established commercial sign shop near downtown Dallas. Established for over 20 years and has been at the current location since 1996. To view company website go to www.thriftysign.com. Approximately 1/3 of the customers are commercial real estate companies which order the plywood FOR SALE/FOR LEASE/FOR DEVELOPMENT signs that are built and installed by the seller. Very profitable, recession proof business.. Event driven industry that caters to businesses that are either opening, closing, moving/relocating or expanding.
Business operated by a total of 3 people including the owner all of which work on a full time basis. The owner handles the sales and administrative responsibilities. The other two employees include a production manager and a production/installer employee. Wide array of quality vendors that provide products and services not produced by the business. Computer based order entry system that is able to produce pricing on most of the orders and contains a 9 year old customer data base.
Potential to grow this company by brining in an outside sales person to solicit new customers and upsell existing customers. A number of customers are buying from other companies simply because they are not communicated with and therefore unaware that this business can supply all of their sign needs. Another way to increase profitability is to keep some of the tasks and processes that are being outsourced “in-house.” Business needs a younger, more energetic individual that has the vision to be resourceful and is promotion & marketing minded. Seller will provide 30 days on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after competition of the training and sign a no competition agreement.
Very motivated situation. Will consider all reasonable offers. Seller turned 60 years old and is ready to retire to his ranch style property down in Lancaster.
Financial information is based on a 3 year average ending 12/31/07.
For more information on this Commercial Sign business, please contact Stocker Travis at 972-783-1662 or e-mail stravis@bizdealmaker.com
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| Year
Business was Established: 1996 |
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| Number of Employees:
2 FT |
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| Facilities / Terms of Lease:
The business will have to be moved eventually as the Seller owns the real estate that the business currently occupies which can be operated in a 2,000 square foot leasehold space in any of the industrial warehouse space nearby at a gross monthly rental of $1,600. |
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| Potential
Growth/Expansion:
Excellent for promotion minded resourceful individual with the vision and work ethic. |
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| Owner
willing to finance:
Seller financing available at competitive interest rate and reasonable term to qualified applicant with sufficient credit & cash injection. |
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| Owner
willing to train:
Seller will provide 30 days on-site training after purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of training and sign a no competition agreement. |
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| Reason for selling:
Retirement |
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Seller Reference Number: ST9036
BusinessMart.com Listing Number: 38742 |
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