Business Category: Furniture and Fixtures, Manufacturing Businesses, and Miscellaneous Manufacturing
City/Region: Manistee County
Listing Price: $399,900
Cash Flow: $75,475
Equipment Value: $250,000
Presented for sale is a long-standing manufacturer and installer of signs, awnings, and electronic displays.
The Company offers comprehensive design, installation, and service for its customers, who are located primarily in the northern lower peninsula of Michigan. With 75 years in the business, the Company has grown its name and reputation as one of the most dedicated and diligent sign manufacturers in the area, and has consistently produced high-quality creative designs and impeccable service.
The owners have also made a significant investment in upgrading the facility and equipment recently. The current facility could easily support three times its current volume, which presents a buyer with a fantastic opportunity to scale the business.
Opportunities For Growth:
(1) Add sales people.
(2) Increase volume.
(3) Add estimator.
(1) Strong creative design capabilities.
(2) Efficient Manufacturing: the Company has recently invested $200,000 in upgrading their facility and equipment.
(3) Complete installation and service: the Company can support sign products end-to-end, from design, to installation, and service.
Real Estate Value: $765,000
Real Estate Available: Owned, available for lease or sale.
Reason For Sale: Retirement.
Number of Employees: 14