Business Overview

New Price! 2021 is on pace to shatter sales records! This highly successful multiple-format print shop is a family-owned pillar of the community. With an experienced staff in place and excellent client base, a new owner can hit the ground running and instantly start generating revenue.

All like-new equipment and inventory is included in the sale. The highly visible facility is clean, climate controlled and well organized and the sellers pride themselves on making all equipment well-maintained.

UPDATE: Although many businesses have shut down in the State of Maine during the COVID-19 coronavirus crisis, this shop has been declared an essential business. While the office staff is working remotely, the production department continues using safe practices. Interested parties can view the business via virtual showings.

NOTE: No information will be given without a signed Non-Disclosure Agreement (NDA).

Financial

  • Asking Price: $995,000
  • Cash Flow: $315,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $265,000
  • Inventory: $70,000
  • Inventory Included: Yes
  • Established: 2007

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
Is Support & Training Included:

Seller will stay on for a reasonable amount of time to make the new owner comfortable.

Purpose For Selling:

Concentrating on other business

Pros and Cons:

Although there are others in the area, this stands out because of the multiple services they offer.

Opportunities and Growth:

Some areas of the business can be expanded due to high demand, especially the highly-profitable vehicle wrapping.

Additional Info

The business was founded in 2007, making the business 15 years old.
The sale will include inventory valued at $70,000, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell businesses. Nevertheless, the real factor vs the one they tell you might be 2 entirely different things. For instance, they may state "I have too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might simply be justifications to attempt to conceal the reality of altering demographics, increased competition, current reduction in incomes, or a range of various other factors. This is why it is really important that you not depend totally on a vendor's word, but rather, utilize the vendor's answer in conjunction with your total due diligence. This will paint a much more realistic image of the business's current scenario.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Many companies finance loans with the purpose of covering things such as supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that profit margins are too small. Lots of organisations 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 consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that have to be met or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract new clients? Many times, companies have repeat consumers, which form the core of their day-to-day earnings. Certain aspects such as new competition sprouting up around the area, roadway construction, and also personnel turnover can affect repeat clients as well as negatively impact future revenues. One essential thing to consider is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business often, the higher the chance to construct a returning customer base. A last idea is the basic location demographics. Is the business placed in a densely populated city, or is it located on the edge of town? How might the local average home income influence future earnings prospects?