Sign Maker for Sale in Tbilisi, Georgia
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 1.06 million |
Run Rate Sales | USD 1.06 million |
EBITDA Margin | 21 % |
Industries | Sign Makers |
Locations | Tbilisi |
Local Time | 12:32 AM Asia / Tbilisi |
Listed By | Business Owner / Director |
Status | Active |
- When the business started, it used to sell only sign-making machinery.
- Due to Covid there was a dramatic drop in sales, and we pivoted to signmaking ourselves.
- This led to our business's resurgence and we discovered that sign-making is way more profitable than just selling the machines.
- Earlier, we had gross profit margins of 35% but in sign-making, we have seen an average gross markup of 100% and it can even go up to 500%
- To date, we have had 300+ customers for sign machinery, 50+ customers for 3D signs, 4,700+ customers for Indoor and outdoor sign services, and 40+ sign agencies using our services for resale.
- We have a business registration certificate and require no other specific licences to operate our business.
- We have exclusive regional agreements with sign machinery companies for Armenia, Georgia and Azerbaijan.
Mimaki Brand is a top-selling sign machinery; We also sell machinery of the following brands: Stratasys, AXYZ, Chemica, and EPILOG laser. In the last 4 years, indoor and outdoor signage services have become very strong and turnover for signage is now more than 50% of the entire turnover.
- 500 sq. m. of main office real estate in the center of the City of Tbilisi, (worth GEL 4,102 per sq. m) worth GEL 2.05 million.
- 500 sq. m. showroom worth GEL 651 thousand.
- 7,000 sq. m. land plot near the city for a future showroom and workshop. (GEL 959 thousand).
- Main office 500sq. meters 1st floor in the center of the city.
- Show room and oversize machines 500sq. m 20 minutes from the city centre.
- 7000 sq. m. of land for future development 30 minutes from the city centre. (Projection for new building over 1,200 sqm is ongoing)
The current loan balance with TBC Banks is GEL 85,000 to be closed next year, loan of USD 450,000 in the name of the individual is to be closed also next year.
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Earlier than 15 daysSr. Sales Advisor, New York, Business Broker connected with the Business
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Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business