Business Overview
This is a business to business and business to local government sign designer and manufacturer. Established in 2002, the business they have established is based largely on repeat clients and referrals.
The company is run by a husband and wife team. The husband spends most of his day running the CNC Router. The wife is in the design and client liaison side of the business. You will see in the seller’s discretionary earnings (SDE) calculations that we have subtracted out $50,000 from the owner’s salary so a new owner can hire a CNC Router. There are five other employees, (See Org Chart).
Revenue has been consistent over the past five years. You will notice a spike in sales for 2022 yet the SDE is consistent with 2023. Ownership has noted that certain types of jobs while creating more revenue have thinner margins. There was an influx of this work from an existing client in 2022 causing a jump in revenue yet barely affecting profitability. Over the past three years the average SDE was around $400,000.
It is the opinion of ownership that their client base is extremely loyal. They have not had to spend much money on marketing including social media. Their customer base consists of local county parks departments, general contractors, universities, and a variety of commercial clients. About 60% of their work is for exterior signage and 40% for interior.
Manufacturing and offices are out of the 5300 SF building owned by the sellers. They anticipate keeping the building and leasing it back to the new owners. The rent will be comparable to the rent they pay themselves already reflected on the books.
The owners are ready to retire. However, they will be available for a transition period for up to one year. They are anxious to share their knowledge with a new owner. It is their belief that this market is healthy and scalable and that a new owner coming in will have solid footing and a platform to grow the business.
Contact: J Snypp, BCBB 404.966.5989
j@preferredbrokers.com
Matt Wochele, CBI, BCBB 404.863.2200
company@preferredbrokers.com
Asking price $1,500,000