Listing ID: 66838

Business Overview

This Washington State full service printing company generates the largest volume of printed products in the region, all while being produced on the area’s most advanced printing equipment. The business was established over 60 years ago and this longevity has created an outstanding reputation in the area. Their reputation generates a steady stream of repeat business as well as new customer business, largely by word of mouth alone.

Financial

  • Asking Price: $450,000
  • Cash Flow: $218,549
  • Gross Revenue: $1,127,410
  • EBITDA: N/A
  • FF&E: $394,385
  • Inventory: $40,000
  • Inventory Included: Yes
  • Established: 1959

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:9,000
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Office Building Plant Established over 60 years ago. Family owned since 1986. In 2018 the business expanded to include wide-format printing, producing signs and banners and three digital printers, a 4-color press, and other well-maintained equipment.

Is Support & Training Included:

4 weeks

Purpose For Selling:

retiring

Pros and Cons:

Largest and most technologically up to date printing company in the area. They are located next to one of the busiest intersections where up to 40,000 cars drive by daily. The business has great visibility from the main road and ample parking. Most of the production is in-house, with minimal external production. They have kept up with technology that includes a direct-to-plate system.

Opportunities and Growth:

Huge growth potential: The business has done very little in the way of marketing. Telephone book, yellow pages and a few radio spots sums up their previous marketing efforts. The business has relied mainly on reputation, reliability, integrity and word of mouth to generate sales. Launching a social media presence and hiring a sales person could take sales to a whole new level.

Additional Info

The company was founded in 1959, making the business 63 years old.
The deal does include inventory valued at $40,000, which is included in the listing price.

The business has 8 employees and is situated in a building with approx. square footage of 9,000 sq ft.
The property is leased by the business for $5,631 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell operating businesses. Nonetheless, the real reason and the one they tell you may be 2 absolutely different things. For instance, they might claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these may just be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in profits, or a variety of various other factors. This is why it is very important that you not count completely on a seller's word, however instead, use the seller's response along with your general due diligence. This will repaint a much more reasonable picture of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of companies finance loans with the purpose of covering points such as inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can imply that profit margins are too small. Lots of businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that have to be fulfilled or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in brand-new consumers? Most times, companies have repeat customers, which create the core of their day-to-day profits. Specific variables such as brand-new competition sprouting up around the location, road construction, and also personnel turn over can affect repeat consumers and negatively affect future earnings. One vital thing to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the better the chance to build a returning client base. A final idea is the general area demographics. Is the business situated in a largely inhabited city, or is it situated on the outside border of town? Exactly how might the local average household income influence future income potential?