National Franchise Sign Manufacturer Resale In Connecticut For Sale

Business description

This sign manfuacturing company is part of the largest sign franchise company in the world and one of eastern Connecticut's premiere sign suppliers. In 2011, the firm was ranked the #2 best performing franchisee in New England by the franchisor. In business since 1995, the seller has owned the business since 2004 and continued to invest in equipment and management software so that they have better capabilities than any of their competitors. They manufacture all types of signs small and large including outdoor and indoor signs, lighted signs, truck and vehicle graphics, banners, awnings, digital displays, flags, trade show display graphics, boat and vinyl lettering. They offer full installation and sign maintenance services and have a bucket truck that allows them to perform work that all of their competitors have to subcontract. Annual gross revenues have held steady between $700,000 and $750,000 even during the recession which ranks them in the top 20% of all sign franchises among the franchise network. They have hundreds of customers and none represents more than 5% of their sales. This is an excellent opportunity for a buyer that wishes to purchase a secure, stable business that generates good cash flow.

Property information

Real Estate:

Lease

Location:

3000 sq. ft. of street front space located on a busy thorougfare with good visibility. Truck height loading dock on the rear of the buidilng.

Other information

Expansion potential:

The firm markets throught the yellow pages, the internet and direct mail. A new buyer could add outside sales representation which they have never had.

Competition / Market:

Limited competition. The firm is considered the best sign manufacturer in eastern CT.

Support & training:

Seller is willing to stay on for a transition period subject to negotiation.

Reasons for selling:

Owner wishes to pursue other interests.

Trading hours:

Monday - Friday 8:30 Am to 6:00 pm

Financing available:

Seller willing to consider financing for the right buyer.

Furniture / Fixtures value:

$80,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)