Business Summary:
Established, full-service electric sign shop with an excellent reputation and outstanding clientele. They provide design, manufacturing, and installation of virtually every type of sign. They specialize in: Storefront Illuminated & Non-Illuminated Signs & also Free Standing Monument Signs and Shopping Center Directories. They have all of the equipment & resources needed to do the work. Approximately 60% of revenues are from repeat and referral business. The Company has a “professional service agreement” with a Fortune 500 company to produce signs throughout California. This client is not currently expanding during these economic times; however, when active again, they could add $300K+ to annual revenues in future years.
This is an ideal business for an experienced sign person who has always wanted their own shop The seller is willing to continue with the business on a commissioned sales role or wherever most needed.
General Information:
Year Established: 1983, Sold wholesale to the trade only.
1995, Company developed into a full service, retail shop.
1997, Relocated to Temecula
Employees: None
Facility: Great location just off a major street and freeway. 3,257
square feet at a total lease cost of $2,345/month, expiring in
December 2009. Landlord has stated that he would offer a competitive rate to the buyer when the lease expires.
Price Includes: Furniture, equipment and tenant improvements with a
replacement value of $100K. Inventory of approximately $2,000 is included. Service truck liability to be assumed by buyer.
Support/Training: Seller will provide training.
Reason for Selling: Family issues
Asking Price: $ 95,000
Gross Revenues: 213,400
Seller’s Discretionary Earnings: 111,100
For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, Ext. 303 or j.atchison@sunbeltnetwork.com.
Disclaimer: The above information is provided by the Seller. Neither Sunbelt Business Brokers of Riverside nor its agents have confirmed, verified or audited any information provided by the Seller and Broker makes no representation as to its completeness, accuracy or reliability. Due diligence efforts are the responsibility of the Buyer. Broker encourages Buyer to engage competent legal, accounting and other professional service providers to evaluate this business.
Comments: Seller is very motivated
Support/Training Comments: Seller will train and is willing to stay on long-term on a commisson basis or as needed.
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