Listing ID: 82493
Business Overview
Company uses state of the art ceramic printing technology to create high resolution custom ceramic decorations. The Company manufactures various quantities of commercially durable and UV safe custom tiles and tile murals, custom food safe dinnerware, as well as memorial portraits The Company’s impressive list of accomplishments includes successful projects that it carried out for the White House Correspondents Dinner, the Met Gala, “Extreme Makeover Home Edition” and numerous other clients
Wholesale printer sales and retail operation are included in the sale.
Financial
- Asking Price: N/A
- Cash Flow: $316,000
- Gross Revenue: $1,350,000
- EBITDA: N/A
- FF&E: $75,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2000
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:3,000
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
As needed for successful transition.
Retirement
Additional Info
The venture was established in 2000, making the business 22 years old.
The company has 5-10 employees and is situated in a building with disclosed square footage of 3,000 sq ft.
The building is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell companies. Nevertheless, the genuine reason and the one they tell you may be 2 completely different things. As an example, they may claim "I have a lot of various obligations" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might just be excuses to attempt to conceal the reality of transforming demographics, increased competitors, recent reduction in revenues, or a range of other reasons. This is why it is really important that you not depend absolutely on a vendor's word, yet instead, use the seller's answer in conjunction with your general due diligence. This will repaint a much more practical picture of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover points like stock, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can mean that revenue margins are too tight. Numerous organisations come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that must be fulfilled or might cause charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area attract brand-new consumers? Often times, companies have repeat customers, which develop the core of their everyday earnings. Certain elements such as new competitors sprouting up around the area, roadway building, and also personnel turnover can affect repeat clients and also adversely influence future revenues. One essential point to think about is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business regularly, the greater the chance to build a returning client base. A final idea is the general area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? Just how might the regional median household income effect future earnings prospects?
