Listing ID: 77498
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: $300,000
- Cash Flow: N/A
- Gross Revenue: $742,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
Very Nice location equipment list will be provided all equipment and FFE is part of the transaction
There is plenty of training and 3 employees
Owner selling due to health issues.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals choose to sell companies. However, the real reason and the one they say to you might be 2 completely different things. For instance, they may claim "I have too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. However, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competition, recent reduction in revenues, or a range of other factors. This is why it is extremely crucial that you not depend entirely on a seller's word, yet rather, make use of the vendor's response combined with your overall due diligence. This will repaint a more sensible picture of the business's present scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of companies borrow money in order to cover things such as inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can suggest that profit margins are too thin. Lots of companies fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that must be fulfilled or may result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the location attract brand-new clients? Many times, operating businesses have repeat consumers, which form the core of their daily revenues. Particular variables such as new competition growing up around the location, road building, as well as staff turn over can impact repeat clients and also adversely affect future incomes. One crucial thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business regularly, the greater the possibility to build a returning client base. A final idea is the general area demographics. Is the business located in a densely inhabited city, or is it located on the outside border of town? Just how might the local mean household income influence future earnings potential?