Manufacturing, Design & Install Of Electrical Signs
Location Las Vegas, Nevada, United States
Asking Price Range $500K - $1.0M
Gross Revenues $1032230
Net Profit / Cash Flow $265430
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 10 - 19
Inventory 411000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 30 days as needed.
Reason for Sale Retirement & health issues.
Description Rare chance to own a very well-established family owned & operated electrical sign business for sale! Owner is finally ready for retirement after running the business for many years. 60% of business is repeat customers and word-of-mouth from long-standing customer base! Non-union shop does primarily new construction work with very minimal service work on completed jobs. Seller is willing to stay on as the Qualified Employee (QE) for the C-6b Contractor's License (Electrical Signs) for up to 12 months! 2009 business is very steady, as approx. $300,000 in advance jobs is already booked, as per the Seller! Custom facility includes 2000 sqft of office space, 4500 sqft of shop space, and 2000 sqft of loft space. Seller owns the building and will offer a very reasonable triple net (NNN) lease to the Buyer. Leased equipment will be paid off at closing and includes approx. $68,836.24 (total monthly payments are approx. $1,930.14) for three leased International 4000 Series 4700 trucks (1997,1995.1997), a Bizhub C252, and a Sprin SPR-320 solvent printer. Leases are available for review. Sales are mainly driven by a dedicated salesman, yellow page advertising, a fantastic website, job-site sticker promotion, and repeat customers. Business services all areas of the valley including Las Vegas, Mesquite, Pahrump, North Las Vegas, Henderson, etc. Seller states that business can be easily expanded by pursuing more business. Due to the Seller's health issues, he currently only maintains the current customer level and doesn't actively pursue more work than he can comfortably manage. Here is a chance to take a spectacular business to the next level! CONTACT NOW!
Leased location of 8,500 square feet with a total rent of $6,800. Seller is active in business with 17 full time employees. $180,000 Leasehold Improvements. $50,000 Inventory, $361,000 Equipment and Fixtures and $35,000 Accounts Receivable Included. Will train for 30 days as needed. Present All Offers.
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