Details - Information last confirmed on July 8, 2021
Summary: Wrap business for sale - custom graphics and signage for autos, trucks and other
Car or design enthusiasts, or anyone with an appreciation for unique vehicles with an eye for quality will love this business! This is an opportunity to provide wrap and vehicle customization services to a well established mix of individual and commercial clients. Established for over 10 years, this profitable business enjoys a well-known name for quality and detail that draws customers back for repeat business.
The business provides custom wraps and mobile advertising for a variety of vehicles, including cars, trucks, vans, RVs, food trucks, semi-trucks, boats, motorcycles, ATVs, helicopters and anything else a customer wants to brand or customize. In addition to vehicle and fleet wraps, other vehicle customization such as decals, signage, banners, powder coated wheels, painted emblems, custom painted brake calipers, window tinting, paint protection film, custom wheels/tires, custom parts/accessories and other interior upgrades. Design services are provided to customers looking for help with developing and implementing their vision. The buyer should have a good eye for design and attention to quality customer service.
Inventory: Included in asking price
Employees: 4 PT
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: The business is located in an 1,800 sf space situated in an industrial park, with an office and customer area in front and a large multi-car work area in the back. The buildout of the space is one of the great advertising features, as most of the walls have been wrapped to demonstrate design options.
Competition: There are a few other auto wrap businesses within a 20 mile radius, and the business has networks of installers and design specialists throughout the country to support client fleets where they are located to offer nationwide installation. That said, the seller feels there is enough wrap business for everyone and does not view competition as a threat.
Growth & Expansion: Plenty of room for growth with so many target markets to go after, including off-road vehicles, more of the boat industry, commercial fleets, custom exotic vehicles, architectural exterior and interior market, one-off custom business vehicles, and other vehicles for branding and advertising. The Seller found that large business accounts were a successful and profitable avenue for growth and suggests continued growth in that area. The business could also benefit from increased web site and SEO management, increased use of social media and targeted advertising. More direct marketing by attending and advertising at car shows, local community events and organizations for vehicle enthusiasts would also help. There is potential for licensing opportunities, as well as potential wrap instruction and training (“wrap university”).
Financing: $200k down/$25k over 120 mos. @ 6%.
Support & Training: Will train for 3 weeks @ $0 cost.
Reason for Selling: Owner is selling in order to focus on another job and business opportunities.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.