Sign Company In Brookfield CT For Sale

Business description

Sign Company established over 79 years. Present Owner 25 years. The business designs, makes & installs almost any type of sign. Owner has downsized and plans to relocate out of the area. The business designs, manufacturers obtains permitting, installs & services signs for buildings, vehicles, outside, inside free standing signs and all types of informational signs for businesses, buildings and personal use. The company has produced graphics and signage for the Greater Danbury CT area since 1930. The present owner has run the business for the last 25 years - now downsizing and looking to relocate. Great opportunity for someone interested in this industry to buy a business with 79 years of name recognition, good location and a helpful owner who will get you going – for a great price!

Hours of operation: Monday thru Friday 8:00 to 5:00, closed Saturday & Sunday. The Owner is working the business with 1 steady part-timer and others as needed. Owner has lost interest in business and revenues show it. The business is currently doing +/- $100,000 compared with +/-$244,000 in 2005, $346,000 in 2004 and $374,000 in 2003. Owner's Cash Flow at current sales is negative. The business’s Gross Profit percent is +/- 80% due to all the service work being done. Current owner is downsizing and slowing down - a new owner won't.

The business is located in the Greater Danbury CT area. It is surrounded by +/- 12,000 businesses in a 10 mile radius of the shop and over 38,000 businesses in a 20 mile radius. The business is in 1,700 s.f. – 800 s.f. office area and 900 s.f. of shop space. The shop has 12’ ceilings and a 10’ overhead door. Rent is $1,200/month gross + utilities.

Assets include sign software, computers, printers, shop & office equipment, 1994 Ford Van with a bucket and a 1991 Chevy pick-up.

If qualified Owner will finance 50% over 1 – 2 years at 7%.

Property information

Real Estate:

Lease

Other information

Reasons for selling:

Owner Relocating Out Of Area