Signs / Sign Companies
This Company is a well-established and profitable business
that services lighting and signs for commercial customers. They work with major
restaurant chains, retailers, and other multiple-location businesses. The
Company works with independent locations as well. They do not manufacture
signs, but will install signs to accommodate their customers. The Company bills
hourly for their labor services; however, the most profitable area of the
business is the parts they install.
This is a great opportunity to own a very profitable business that requires minimal hours and oversight from the owner.
Under the CARES Act as revised by
the Stimulus Act, if you use an SBA 7(a) guaranteed loan, this company
qualifies for 3-months of principal and interest paid by the SBA to the lender
on your behalf (up to $9,000 per month). The loan payments paid by the SBA are
not taxable. The SBA is also waiving its loan guarantee fee (usually 3-3.75% of
the guaranteed amount). The SBA guaranteed loan must be approved by the SBA
before 9/30/2021, or earlier if funds run out.