Electrical Sign Manufacturing and Installation Company
Off-MarketJacksonville, FL
Electrical Sign Manufacturing And Installation Company Services Include Design, Permitting, Installation, And Ongoing Maintenance Through A Dedicated Service Department.
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$6,000,000
$600,000
10.0%
1996
Past Month
Customers
The company serves exclusively commercial customers including property managers, developers, and national retail chains Key customer segments include property managers with strip malls and developers of shopping centers. The company has developed an out-of-state customer base as well
Customer Acquisition
Customer acquisition relies entirely on word-of-mouth, relationships, and referrals, with no marketing spend.
Team
Has 26 employees across multiple departments.
Owner's Role
The owner mainly does administrative work and manages customer relationships. His role is mostly hands-off currently.
Reason for Selling
The owner is now 70 years old and is ready to retire and enjoy life after 30 years of building the business. The owner is willing to remain as a consultant for approximately three months post-sale to facilitate the transition.
Contracts
No
Real Estate
Yes, the company owns a 2,400-square-foot air-conditioned facility valued at approximately $445,000, which will potentially be included in the sale.
When Are You Looking to Sell
ASAP
Licenses Required
The electrical contractor's license is not required to operate but is advantageous for permit-pulling authority across. Owner is currently renewing his license valid for two years and will maintain it during the transition period
Additional Notes
Equipment includes two 85-foot crane-bucket trucks, two 60-foot bucket trucks, three additional bucket trucks (two 37-foot and one 47-foot), a service truck, and a company vehicle. Current WIP includes approximately $1.7 million in jobs, with 50% deposits already received from customers.
Business ID: 1924
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