Description This sign manufacturing shop has been in business for 24 years and has a solid reputation in the business community. There are hundreds of satisfied customers in the database. Run on a semi-absentee basis for the past several years, the business still generates over $10,000 in sales per month with no advertising or outside sales activity.
The owner deliberately shows a loss, but runs expenses through the business and has a 32-hour per week employee costing $1,000 per week, or approximately $31/hour. Similar successful shops hire production personnel at a little more than half that cost. This current production person will stay on at the buyer's option for a short time for training and transition.
The shop consistently generated sales of over $200,000 per month before 2009; then the owner ''retired in place.'' In other words, there's a lot of potential profit hiding in this enterprise. The store is being valued and the asking price of $69,900, is based on its gross sales; because of the owner's hiring and bookkeeping practices, no representation is being made regarding SDE. The seller will consider all offers. This is a rare opportunity to get into the very lucrative and sustainable business-to-business sign industry at a bargain price.