Listing ID: 82627
Business Overview
Some mistakenly think print media is a dying industry. Do you still have a mailbox? Do you still receive print ads from local businesses? What about bank statements and other bills? There is still demand for print media, and it is experiencing a resurgence (expected six percent growth nationally) as businesses realize the benefits of tangible communication with their clients. This business has several revenue streams: first class presorting; bulk mailing; and printing and mailing of invoices, statements, notices, etc.
Because of its size and location this business is uniquely enabled to out-compete competition and still have great profit margins. The current owner only spends a few days a month on site, managing the business remotely the rest of the month. Do you want:
• A steady, stable profit stream
• Great potential for growth
• A nationwide client pool
• Efficient systems and reliable staff that can operate independently
Seller will train face to face for one week and an additional three weeks by phone and video-conference at no cost. Call today for more details.
Financial
- Asking Price: $1,750,000
- Cash Flow: $292,130
- Gross Revenue: $4,136,275
- EBITDA: N/A
- FF&E: $350,000
- Inventory: $30,000
- Inventory Included: Yes
- Established: 2000
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
The business comes with an affordable leased space. This business is located in a Montana city; centrally located and less than five minutes from a post office. Plenty of room in the warehouse for efficient operations, and comfortable office space. The equipment is kept up to date and well maintained for minimal down time.
Will train for 4 weeks @ $0 cost. A new owner does not require any specialized licenses. An ideal buyer 1) is NOT a micro-manager, 2) has street-smarts with good people skills, and 3) has good sales skills. The Buyer should continue to empower employees to prosper and run the business with minimal guidance. The current owner is semi-absentee; staff can operate without constant direct contact with owner.
Retirement.
The size and nature of this business creates a unique competitive advantage in this industry. Contact broker for more details on specifics.
There is capacity for continued growth with only a day shift currently operating. A two-person swing shift or night shift could more than triple the capacity with the same equipment. Current marketing efforts rely on leads generated by a well-maintained website. A new owner could improve the website even more by generating additional business in the Direct Mail area on a national basis. The good news is that natural growth is expected to continue. Typically, revenues naturally increase every other year with election-related mailings. 2020 and 2021 revenues both exceeded $4,000,000. Revenues are expected to have the same steady increase in coming years with sales inquiries coming in via the website.
Additional Info
The business was started in 2000, making the business 22 years old.
The transaction shall include inventory valued at $30,000, which is included in the asking price.
Why is the Current Owner Selling The Business?
There are all types of reasons people decide to sell companies. Nevertheless, the true factor vs the one they tell you might be 2 absolutely different things. For instance, they may state "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competition, recent reduction in profits, or a range of other factors. This is why it is extremely vital that you not count absolutely on a seller's word, but instead, make use of the vendor's answer together with your total due diligence. This will repaint an extra practical image of the business's current scenario.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies take out loans with the purpose of covering things such as stock, payroll, accounts payable, etc. Remember that occasionally this can mean that profit margins are too tight. 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 may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be met or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location draw in brand-new customers? Many times, operating businesses have repeat clients, which form the core of their day-to-day revenues. Certain aspects such as brand-new competition sprouting up around the area, road building and construction, as well as staff turn over can affect repeat consumers and adversely impact future incomes. One important point to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the higher the chance to construct a returning customer base. A last thought is the general location demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood average household earnings impact future income prospects?
