Category:
10794 - Business (or Biz to Biz)
Location:
Northern California - South Bay
Business Description:
This is a well established (+33 years) profitable sign business with a solid reputation and a mission to provide exceptional customer service and high-quality product. This is a unique sign business, they design, fabricate and install signs and provide services for Central and Northern California clients. Their customer base includes New Home Builders, Apartment Management, Development companies and other commercial entities. They anticipated that sales would increase in early 2022 and as of the second quarter of 2022 gross sales are on an annualized run rate of $1,118,504 and seller’s discretionary earnings are at an annualized $94,766. They are B2B no retail.
Inventory (included):
$23,000
6 Months Ended
6/30/2022
$559,252
(Sales)
$47,383
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$1,073,457
(Sales)
($26,356)
(Adjusted Cash Flow)
12 Months Ended
12/31/2020
$1,428,442
(Sales)
$225,209
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$1,687,537
(Sales)
$146,556
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 8 | 7 |
Owners | 1 | 0 |
Hours of Operation
Mon - Friday 8:00 / 5:00
Licenses Required:
Monthly Rent Including NNN:
$9,263
Expires:
05/31/2023
Option:
No
Size(sq.ft.):
6,168
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
2 weeks 40 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.