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Full-Service Sign & Awning Manufacturer in Boston’s Metrowest Area

Full-Service Sign & Awning Manufacturer in Boston’s Metrowest Area
Listing
1788
Worcester County, MA
Revenue
$7,283,267
Cash Flow
$670,010
Asking Price
Accepting Offers
Business Description

For nearly three decades, this manufacturing company has long provided a wide variety of signage capabilities including design and digital imaging services, wide-format printing, design and manufacturing of illuminated signs, awnings, pylons, interior signs and cohesive signage systems.
The company has an excellent reputation, a recurring customer base including highly recognizable brands, top-quality products, and experienced, loyal employees. There has been no turnover as a result of employees being informed about the owner’s intent to sell.
The retiring owner works 4 days/week and overseas sales, marketing and purchasing. He is available for a 6 – 12-month transition period, should a buyer need it.
Current inventory hovers around $380,000; WIP to be negotiated as part of deal structure.
Business operations require the following licenses: MA Construction Supervisor’s, CT Sign Installer, RI Sign Installer, and Crane Operator.

TTM Revenue: $7,805,840
TTM SDE: $793,377

Growth Expansion and Opportunities
The company has been managed by the same team since its founding and the original ownership has created a strong foundation for growth, but the business could benefit from new perspectives. Specific growth opportunities for the new ownership include:
▪ Expand product line available to certain franchisee customers
▪ Adding in-house laser cutting and direct print services
▪ Increase installation-only work for other sign companies (“forwarding work”)
▪ Further development of outsourced product relationships
Support & Training

The seller will provide training and support to ensure a smooth transition

Reason Selling
Retirment
Employees
40
Terms
This opportunity has been pre-approved for SBA financing.
Broker

Molly Hanson, CFP

Confidentiality Agreement: Download, fill it in and return it to us via email or fax to get the identity and full report about the business
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  • Full-Service Sign & Awning Manufacturer in Boston’s Metrowest Area

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