Description of the business for sale
Started 27 years ago in 1975, this high quality, highly visible, designer, builder and manager of exhibits for prestigious Clients like the 8 Smithsonian Institute locations, the Library of Congress, the National Achieves, and many more public and private clients, is looking for a Strategic Partner or someone to acquire them. Having generated Revenue of $1.3 mil, $1.2 mil, $1.3 mil and approximately $960 k (YE 31 Aug 2005 financials not yet finalized) in 2002, 2003, 2004 and 2005 respectively, without a sales or business development staff, imagine what this business is capable of, if in partnership`p with or owned by someone with excellent marketing and sales capabilities. The $ of Revenue just noted, comes to this company because of the strength of reputation and brand name. Imagine what this business is capable of, if in partnership with or owned by someone, with excellent marketing and sales capabilities.
Have designed, built and managed exhibits ranging from $35,000 per exhibit to $200,000 per exhibit, with an occasional $1.1 mill exhibit in the past. Because of its 27 year old brand name that continues today, this company is 1 of only 7 companies in the United States that are allowed to build for the Smithsonian Institutes. It is 1 of 3 companies in the United States that are allowed to build for the National Archives. And the list goes on.
The profile of the Buyer who would benefit most from acquiring this company would be someone with an excellent sales and marketing team, someone who wants to build a competitively superior show-room to bring Mid-Atlantic prospects and clients to, and understands that because of the skill of the tradesmen that have been employees for 10, 15+ years, and the high-tech equipment, another $900,000 could be added to the revenue without hiring even one more employee or renting one more square foot. There is tremendous upside for the right people who can capitalize on the strengths of this company and their own.
Partial Cl
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Description of the facilities
Furniture, fixtures, and equipment = 6921
Furniture, fixtures, and equipment included: Y
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