This manufacturer of changeable letter signs is popular with schools, churches, theaters, gas stations, stores, civic centers, motels and many other businesses that change their pricing or messages often. Founded 16+ years ago by two partners with industry experience, the operation is turnkey: they've streamlined the manufacturing process over the years, and the company runs smoothly with 7 experienced employees. They're wholesalers, selling to sign companies and installers around the nation, and don't currently sell directly to their end-users. Sales have been consistent over the years, with no marketing or significant sales effort of any kind.
Unfortunately, one of the partners spouse has a severe health condition, so it's time to sell both the company and the building. A new owner will start with a profitable foundation, and build on their existing reputation for quality and excellence to expand the customer base. Upsides abound: advertise and market the business to reach new customers. The website is outdated, and would benefit from a refresh and modern design. Their manufacturing process is streamlined, but their order submission process is not: This would be straightforward to automate on a modern website with readily available ecommerce technology.
There are two ways to purchase this business: (1) buy both the building and the business, or (2) purchase the company and relocate shortly after acquisition. This is an excellent opportunity for a Buyer looking to get into simple manufacturing or the sign industry, or for an existing industry player looking for a great merger to boost revenue, reduce expenses, and increase profits. Plus, you get the rare opportunity to purchase the building: let the business build additional equity for your future! The other partner has expressed willingness to stay with the company in a management role for the right Buyer.
It's a great time to buy and take advantage of the SBA's historically low-interest rates and incentives. reach out to the Agent today.