This strong, steadily growing company positions itself as being the Southeast's premiere sign and lighting company. It offers a wide range of services including parking lot lighting, security lighting, sign manufacturing, installation and repair, neon, permit acquisitions, surveys, and crane rentals. Established in late 2004, the company has exceeded the current owner’s growth expectations and generated revenues of more than $3,000,000 in 2016, and is on track to reach $3.6m in revenue in 2017. Profit margins average 15-35%. Their primary service area is 100 mile radius of metro Atlanta. It has been in Inc. 5000 for four consecutive years, which is a tremendous accomplishment.
The current client base consists of national sign manufacturers, including 4 of the top 5 sign manufacturers in the country as well some of the country’s top national chains. 70% of the client base is national companies and 30% are local. The company also has established relationships with local real estate developers and property managers, including providing service for the three largest property management companies in the Atlanta market.
The company consists of two divisions: A) sign and light install, service and maintenance and B) sign design and manufacturing. Division B is a company that was acquired in 2014, and has been a strong value-add to the business overall. The staff is tremendously knowledgeable and loyal, with 80% off all staff having been with the company for 5 years or more.
Year Business was Established: 2004
Number of Employees: 21, including 2 owner partners
Owner financing: Possibly available to qualified buyers with strong offer
Owner training: Current owner will train
Reason for selling: Ready to pursue a new business venture
Contact Starwood Business Group today to schedule your confidential consultation and learn more about this opportunity.
Asking Price: $2,400,000
2017 Gross Revenue: $3,643,257
Cash Flow Through Nov 2017: $552,916