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38 Plus Year Sign Manufacturing & Installation Company - Houston

Houston, TX (Harris County)

38 Plus Year Sign Manufacturing & Installation Company - Houston
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Asking Price: $850,000

Cash Flow: $336,211

Gross Revenue: $1,921,117

EBITDA: N/A

FF&E: $645,000

Inventory: $40,000

Rent: $8,300 /Month

Established: 1981

38 Plus Year Sign Manufacturing & Installation Company - Houston

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Business Description

Unique opportunity to acquire a 38+ year full-service sign manufacturing company with a stellar commercial reputation, as the owner who founded the business wishes to retire. The average owners’ cash flow for the last 3 years and this year's 2019 pro forma is $397,059. The business has a well-trained and very stable workforce of 12 employees which on average have been with the business on 15 years and that can fully-operate the business. Clientele located in Harris, Fort Bend and Brazoria Counties. Two of the employees are managers, one of which can take the functions of General Manager. The owner currently functions as General Manager. The company has all the vehicles and equipment required to manufacture, install and service all types of signage, both indoors and outdoors, including electrical signage. Ample equipment base in excellent conditions valued at $645,000. Business is located in an industrial facility of 12,000 SF located on 4.5 acres of land in Brazoria County that are also available for sale at $900,000. In this property, apart from the main business facilities, there are also 12 storage units and 10 covered RV/Boats stalls. Owner will stay with the business upon sale as required to assure a smooth transition.

2019 Pro Forma Financial Summary:
Revenue: $1,920,141
Cash Flow: $407,107
SDE: $336,211

Detailed Information

Location:
Houston, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
12,000
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
12,000 SF industrial facilities. Built 5 years ago. Excellent conditions Owner is a second-generation sign manufacturer and has been in the business for over 40 years in the Houston area. He started this business over 38+ years ago and has operated uninterruptedly. Stable customer base, some having been customers for 20+ years. The owners’ son is a experienced manager in the Company and plans to stay upon the sale and can take the place as General Manager of the Company. Owner will stay as required to assure a smooth business transition. Clientele located in Harris, Fort Bend and Brazoria Counties.
Support & Training:
4 weeks
Reason for Selling:
retiring
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Pedro Palacios-Rhode

Business Listed By:
Pedro Palacios-Rhode

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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