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Business Sales & Acquisitions

Sign & Rigging Company

Price: $180,000

Location: Nassau, New York

Industry: Service Businesses

Listing ID: 00127

Manufactures, installs, and services storefront signs, neon, awnings, canopies, vehicle lettering, banners, and billboards. 70% of business is recurring revenue from service and maintenance and 30% is new business from referrals and direct sales. He owns a crane and bucket truck included in sale. Some of his clients include OTB, Dress Barn, UPS and Hallmark. This business designs, fabricates, installs and services signs and offers 24/7 emergency service. The owner is looking to retire and is willing to stay on as long as needed.

Listing Details

Gross Revenue: $375,000

Cash Flow: $90,000

FFE: $75,000

Reason For Sale:

Retirement.

Training & Support:

Willing to stay on and train.

Operation

Year Established: 1975

Days & Hours of Operation: Mon - Fri, 8 am - 5 pm

Employees: 3

Location

Square Footage: 3000

Summary

Potential Growth:

Revenue growth can be generated by adding salespeople and increased advertising.