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Listing ID: 3054498

SIGN MANUFACTURING/SERVICE (VERY PROFITABLE) BUSINESS For Sale

Southwest Florida, Florida, United States

$ 2,200,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 5,000,000

Cash Flow: $ 600,000

Business Description

This is an opportunity to acquire a leader in the light manufacturing and service sector. Project Ardillo (“Company”) has a history of strong profitability, powerful brand recognition, and a diversified, recurring customer base. The Company generated revenue of ~$5,000,000 in calendar year 2018 with a 16% adjusted EBITDA margin and a ~11% post-tax net income. Sales for 2019 are forecasted to increase by a minimum of $500,000 due to the retention of a new long-term, highly sought after, client.

• A 24-year-old company showing consistent year-over-year sales growth and profitability
• Geographically located in an area of strong population and construction growth; both of which
will result in additional demand for the Company’s services and products
• Diverse, recurring commercial, B2B, and residential customer base
• Easily expandable into other geographic areas and parallel services
• Long-term, dedicated employees
• Unique and diverse product line and service offerings
• Strong management team in place
• Substantial capacity for growth without requiring facility cap-ex
• New market opportunities in surrounding areas including large MSA’s
• Strong customer loyalty and longevity due to quality of service
• High barriers to entry due to market dominance and initial start-up costs
• High employee satisfaction and retention with low turnover
• Capable of production and custom work
• Diverse product line
• A “clean” company - No litigation, No debt, No environmental issues

Property Details

Size:

2 buildings - 8,000 sq/ft and 7,500 sq/ft

Years Established:

1994

Property Type:

Lease

FF&E:

$ 100,000

Inventory Value:

$ 200,000

Other Details

Business Location:

Southwest Florida

Premise Details:

Two buildings owned by sellers, available for purchase or lease.

Competition:

No direct competition, Company has the market share in the area.

Expansion Potential:

Potential to expand to opposite coast and up the coast from where the Company is located. High potential to double earnings within 2-5 years via expansion. Company name has a high level of entity goodwill value and is well-known in the area as the only place to go for service needs.

Living Accommodation?

Yes
Condo/apartment for small family available above one of the Company buildings. Owners currently live there 50% of the time.

Operation Details

Employees:

~50

Trading Hours:

7:30am - 4pm

Support & Training:

Turn-key business, management in place, training available for new owners as needed via transition period and "on-call" consulting.

Miscellaneous

Reason For Selling:

Retirement

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