Manufacturer of Flags....SOLD
Listing: #LA04419About this Business for sale in California
Manufacturer of Flags....SOLDOwners Retiring presents a tremendous opportunity for turn key ownership of Santa Barbara County long standing multifaceted manufacturer of flags, banners, holiday decor & flagpoles that includes four DBAs for each market segment. Ten full time employees (6 over 17 years with the company) seamstresses, production, graphic arts, office administration, warehouse and General manager for price quotes, with seasonal help as needed, utilizing the same staff for each division. $293,000 in inventory included in price. OWNER FINANCING available only to Well qualified buyers as determined by Seller's due diligence. Business activity includes light Industrial manufacture, installation & service contracts, small retail area and long-term catalog sales. Warehouse with full shop of tools, fabric and banner storage, sewing tables, work tables, offices, 2 bucket trucks and one crew cab truck, digital print machine and garland making machine. Major installer and manufacturer of fair and festival decor. Provides rental services of pole and drape stalls for indoor exhibits / shows. Municipal street banner & bracket hardware installation and maintenance services. Flagpole fabricator with installation, maintenance services. Holiday Christmas Decor division manufactures and installs seasonal Decor items for municipalities, shopping centers and commercial service applications. Recent SDE of $443,000 on $1,751,000 gross sales this year looking even better. Corporate Contractors license for flagpole installation my be transferred to Buyer upon sufficient training. The American Dream all wrapped up in a Bow and professionally installed...
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.