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Digital LED Signs & Lighting Company w/ Real Estate

Popular Listing Featured 

$1,775,000.00

  • Featured Listing : Yes
  • File No. : C2487
  • Location : Wayne County
  • Down Payment Option : $250,000 (Business)
  • Monthly Payment : $6,766.48
  • Financing Interest Rate : 6%
  • Financing Period : 60 months
  • Gross Sales : $1,428,199
  • Source of Financial Info : 2018 P&L
  • Cash Flow : $252,052
  • Total Inventory : $200,000 +/-
  • Days Open : 5 Days
  • Hours of Operation : 9:00am-5:30pm
  • Parking : ample
  • License Requirement : Sales Tax
  • Year Established : 1974
  • Year Acquired : 2014
  • Monthly Rent : $8,500 NNN (including upper level)
  • Real Estate Price : $1,200,000
  • Real Estate Purchase Terms : SBA Financing Available

Business Price: $575,000

Real Estate Price: $1,200,000

*SBA Financing is available for Qualified Buyers with 20% Down*

Our firm is proud to offer this well-known and very successful digital LED signs & lighting company with its store-front and warehouse real estate. This business is located on a bustling road and has an excellent reputation in the industry. The storefront and warehouse were custom built not even five years ago, and the current owner went above and beyond with the construction. Their customers range from retail stores, healthcare businesses, and major commercial buildings. The company is not reliant on any specific customers and consistently get a stable flow of business. All the equipment to operate the business is included with the sale. Included in the business price is a truck with a box lift, a forklift and scissor lift for the warehouse, high-end furniture for the entire office, a state-of-the-art printer for commercial printing projects and much more…

PRIMARY SOURCES OF REVENUE:

The primary sources of revenue for the business are as follows:
1. Sales of Digital Video LED Signs + Channel Letter Signs + Box Signs + Custom Signs
2. Revenue from servicing existing signs
3. Wholesale of LED signs to other sign companies
4. Printing Services like Banners, car wraps, brochures, political anchors etc…

GROWTH POTENTIAL:

This business has an enormous potential for growth. Some avenues of potential growth for the new buyer are as follows:
1. Introduce online sales for smaller signs
2. Offer LED exterior and interior lights
3. Increase wholesale revenues by getting into distribution and targeting other sign businesses.

POTENTIAL BUYER:

A potential buyer has to have a good comfort level with technology. To succeed at a high level, one must also recognize that you must be proactive from a business development standpoint. Point of differentiation is critical by providing a consultative type of sales approach. A new owner’s skills need to be adeptness at personnel development, business development/sales skills, and a comfortableness with technology. Business to business sales environment provides for a professional transaction rather than the “abuse” of retail clientele (i.e. the public). Business hours are typically 8 to 5 or 9 to 6, Monday through Friday. Sign businesses are generally not open to the public on the weekends. The business allows people to utilize their creative juices, which many people appreciate. Constant technological improvements are of interest to most people. The product/service you are providing is a needs-based product.

INDUSTRY TREND:

The digital signage industry will reach $32.84 billion by 2023 and will grow at a compound annual growth rate of 7.4% between 2017 and 2023, according to a report by ReportsNReports. LED and LCD displays are expected to drive the market, although OLED displays will also experience high growth. Cloud-based digital signage software and interactive signage systems continue to grow. North America will hold the highest market share in the period. Sign company owners as a whole, continue to not fully comprehend the importance of customer relationships for repeat business. For the owner-operators who embrace the customer is king mentality and those who make it easy for the customer, they are leaps and bounds ahead of the competition, and the risk is minimal. For those who do not buy in to complete customer satisfaction, the risk is far greater. Profits are generally very strong. In the cases of lower profits, you typically see an owner-operator securing jobs solely by price because they do not provide exceptional service or they are not reporting all of their sales.

This kind of a successful business does not come into the market for sale very often, so this is an excellent opportunity for an experienced entrepreneur to take over the company and drastically grow its revenues. This company is also a perfect candidate for an acquisition especially for a company that wants to diversify its revenues by offering signage solutions to their current clients. The company is for sale because the owner wants to semi-retire and focus his efforts on passive income opportunities. If you want to become a proud owner of a successful, well-established and well-known company, call us today to learn more or to schedule a showing.

*Serious inquiries only. A confidentiality agreement and proof of funds is required before our firm will release any details about this company or schedule a showing.*

Contact details

Haroon Bhatti 33533 W. 12 Mile Rd. Suite 101 Farmington Hills, MI 48331  Show Phone Number haroon@evolutionventures.business

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