Listing ID: 77486
This great Franchise concept has been a leader in print and visual communications for more than 40 years. With nearly 300 independently owned and operated locations in the U.S. and seven countries. They set the standard for solutions in printing, marketing communications and document creation and management.
They do more than just design, copy and print – They help their customers to communicate. The need for effective communication is stronger than ever – the need to connect, and how they can help you to do that well – we’re the vital connection™ for your communication needs.
The business model centers average more than $1 million** in annual revenues while the industry average is approximately $650,000, and a median gross margin of over 70%. There’s never been a better time to explore owning a business center, powered by the print and visual communications industry’s #1 brand.
- Asking Price: $190,000
- Cash Flow: N/A
- Gross Revenue: $408,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2015
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Very Nice location equipment list will be provided all equipment and FFE is part of the transaction
will be provided
The business was started in 2015, making the business 7 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell companies. However, the genuine reason and the one they tell you may be 2 completely different things. As an example, they may state "I have too many other responsibilities" or "I am retiring". For many sellers, these factors stand. But, for some, these may just be justifications to try to conceal the reality of altering demographics, increased competition, current decrease in incomes, or a range of other reasons. This is why it is really important that you not depend completely on a seller's word, however instead, use the seller's response together with your overall due diligence. This will paint a much more reasonable picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Many companies finance loans so as to cover points like stock, payroll, accounts payable, etc. Keep in mind that occasionally this can indicate that profit margins are too thin. Many businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that should be met or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location bring in new customers? Most times, companies have repeat consumers, which develop the core of their day-to-day profits. Particular aspects such as new competition sprouting up around the area, roadway building and construction, and personnel turn over can influence repeat clients as well as adversely impact future revenues. One essential thing to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business on a regular basis, the better the opportunity to develop a returning customer base. A final thought is the general location demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional mean home income effect future earnings prospects?