Listing ID: 67588
Great opportunity to own an established and well-known embroidery, screen printing, promotional products, trophies & awards, vinyl & digitally printed sign, banners & vehicle graphics, business stationary products, and graphics design services business. The business has been established since 1995 and developed an excellent reputation in bringing their customers the finest printed products available using the latest industry technology. They accomplish this by building on their reputation for hard work to get the best design for each client’s needs and continuing to offer the best quality and service possible.
Over the years, the business has added products and services to grow their customer base and diversify the portfolio of their offerings. They cater to clients that demand very high quality merchandise, superb workmanship, and often a short turnaround time. The business primarily serves the growing Northern Virginia market and is conveniently located to the I-95 corridor. They also have a well designed and optimized website which allows them to work with clients out of state. Don’t miss this chance to own a well run and turn key operation poised for growth and expansion.
- Asking Price: $170,995
- Cash Flow: $86,440
- Gross Revenue: $395,817
- EBITDA: N/A
- FF&E: $150,000
- Inventory: $30,000
- Inventory Included: N/A
- Established: 1995
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,800
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
The facility consists of 1800 sq. ft. of modern warehouse and commercial space. The building is well maintained, clean and safe. The current owners use all the of the building, but space efficiencies can still be found to allow for more productivity without having to acquire more space. The owners are willing to lease the facility at market rent value in the area or sell the real estate with the purchase of the business.
Seller will provide necessary training and support.
Sellers want to focus more on another business they own.
No direct competition in the immediate area.
Increase marketing and advertising and work with local schools, sports organizations, businesses, and government entities to increase awareness and presence in the community.
The company was started in 1995, making the business 27 years old.
The transaction shall not include inventory valued at $30,000*, which ins't included in the requested price.
The company has 3 employees and is situated in a building with approx. square footage of 1,800 sq ft.
The real estate is leased by the company for $3,666.67 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals choose to sell companies. However, the true reason and the one they say to you may be 2 entirely different things. As an example, they may claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these might just be justifications to try to hide the reality of transforming demographics, increased competition, recent decrease in incomes, or a variety of various other factors. This is why it is extremely vital that you not count totally on a vendor's word, yet rather, use the vendor's solution along with your total due diligence. This will paint a more practical picture of the business's present situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many companies borrow money so as to cover things like supplies, payroll, accounts payable, and so on. Bear in mind that in some cases this can suggest that revenue margins are too small. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that should be fulfilled or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area draw in new clients? Often times, businesses have repeat clients, which develop the core of their everyday revenues. Particular variables such as brand-new competitors growing up around the location, road construction, as well as employee turn over can affect repeat clients and adversely impact future earnings. One essential point to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the possibility to construct a returning consumer base. A final idea is the general area demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Exactly how might the regional median family income influence future earnings potential?