Established in 1987, this very successful business derives revenues from three sources: glass, signs and related products, rental of commercial space and franchising.
Glass and complete sign service from design to installation are the company's specialty. It also provides its many corporate clients with branding services, including logos, signs, vehicle graphics, auto glass and various storefront needs, such as supplying and installing automatic door openers. In addition to its main location, the company has three franchise locations which provide it with royalty income. Income is also generated by the rental of commercial space in its main building.
This opportunity will appeal particularly to an individual who possesses strong general management and marketing skills and wishes to be actively involved in the day-to-day operation of the business. The transaction will be structured as a sale of shares. The fixed assets and goodwill of the Company are valued at $1,025,000. Inventory and accounts receivable are additional. Estimated total share value is $900,000 based on the balance sheet dated September 30, 2010. A buyer should anticipate an equity investment of approximately $300,000. The final sales price for the shares of the Company will be determined at the time of closing after adjusting for current assets including accounts receivable and inventory, and liabilities outstanding at that time.
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