SOLD – Colorado-Based National Sign Installation Contractor

Location: Colorado

Industry: Sign

Listing ID: 391751

Listing Description

Specializing in Only Installation & Service is the Right Market Niche!

This growing sign installation, conversion and service company has an easily re-locatable and very profitable business model serving as a regional sub-contractor for six of America’s top eight national sign companies.

An ideal new owner would be a skilled project manager, someone who can manage a team of technicians and who is also adept at regularly communicating with clients regarding existing project progress and new project planning.

Ideally, it would remain in the Denver metro area, but the company also frequently handles major signage conversions outside Colorado in other nearby western states, and sometimes even farther afield. So, it could be located anywhere in the region.

A key to this sale will be the need to maintain the company’s position as an approved vendor for its national sign company clients. Maintaining the company’s hard-earned reputation that has taken years to develop will be critical for a new owner’s success.

This firm’s niche is serving national clients because installing, converting and/or servicingthe same types of signs in multiple locations for a handful of clients is more profitable than handling one unique call at a time. Profitability improves through repeatable work as efficiencies are optimized.

There is disruption today in the sign industry, as in every other business. Economies of scale and today’s high-tech signage both favor national manufacturers over local fabricators and specialized sign companies over the old-style local shops that did everything.

A continuous flow of new corporate acquisition activity has fueled demand for new signage. So has the increasing use of digital displays in all signage.

We’ve come a long way from the locally-produced neon or back-lit plastic sign in just a few short years. And there seems to be no end in sight for these changes, as both the acquisitions and the technologies continue to evolve.

Listing Details

Down Payment: $100,000

Total Sales: $725,000

Cash Flow: $210,000

Terms and Conditions?:

FF&E Not Included

Reason For Sale:

Seller making life changes. Selling for personal health reasons.

Training & Support:

Seller will be available to train and assist new owner as needed. There are three full-time experienced technicians who lead the in-field teams.

Summary

Financing/Terms:

Anticipated Seller: $50,000.   Anticipated Bank: $345,000.  Down Payment: $100,000.

Working Capital Needed: $25,000 Inventory Purchase:Inventory included in price.