/biz/ - Business & Finance

>>54265901
Owning more than just a handful of signs means you now have “inventory”

And as the city planning zeitgeist is “anti-sign”, municipalities have an interest in reducing the overall number of signs.

Here you can negotiate. Offer to remove 3 signs in exchange for a digital permit. Either way you do it, upgrade your inventory. Bigger signs always make more money. Digital boards are ridiculously easy to operate and can make upwards of a million bucks a year in some markets.

>>54256755
Selling out

You want to have a solid revenue history before you decide to sell your signs. The multiple you’ll get will be between 5-7x gross revenues.