Listing ID: 83765
Screen printing, embroidery, vinyl and heat transfer applications, promotional items, and full color digital printing makes this shop a one stop custom print shop. A nine year old business with trained and seasoned staff in place! Sales have increased 60% from previous year, and 26% over 2019! This is a recession/pandemic resistant business. A turn key operation, well established in the local community, with excellent cash flow from day one.
An established customer base of 10,000+ across a broad spectrum of industries including schools, non-profits, churches, groups and clubs, a wide variety of businesses and individual customers. Over 500 5-star Google reviews and conveniently located in the south metro area, just minutes south of downtown.
This is an Entrepreneur Top 500 Franchise, providing excellent support for any aspect of the business. Sales are increasing corporate wide. As part of this Award Winning Franchise operating in 25 states, the new owner will have access to benefits including:
• 40 hours of initial new store owner training
• 160 hours of ongoing training/support
• Strong Strategic Partner relationships
• Networking with other Franchise Owners
• On-Going training webinars and annual conference
• Marketing support including social media posts and larger marketing campaigns.
• On going coaching through the franchise
This business gives you excellent flexibility with daytime operating hours and is closed on weekends and major holidays.
Current owner has built this business from the ground up for the past nine years. Process, systems and trained staff all in place. Sales are increasing corporate-wide. This is a pandemic-resistant, inflation-proof business.
Potential for growth through increased sales, marketing and pricing. Endless opportunity to grow into new areas such as the construction, landscape, medical scrubs apparel fields and promotional products!
- Asking Price: $350,000
- Cash Flow: $148,693
- Gross Revenue: $760,526
- EBITDA: N/A
- FF&E: $27,900
- Inventory: N/A
- Inventory Included: Yes
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
The venture was founded in 2012, making the business 10 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell businesses. Nevertheless, the real reason and the one they tell you may be 2 entirely different things. As an example, they may state "I have way too many various commitments" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be reasons to try to hide the reality of altering demographics, increased competition, current decrease in incomes, or a range of various other factors. This is why it is very crucial that you not count entirely on a seller's word, but rather, make use of the vendor's answer together with your overall due diligence. This will paint an extra practical image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies take out loans so as to cover things like stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can mean that earnings margins are too small. Many organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that must be fulfilled or may cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area attract new clients? Often times, companies have repeat clients, which develop the core of their everyday earnings. Certain factors such as new competition sprouting up around the area, roadway building and construction, as well as employee turnover can impact repeat customers and also negatively influence future earnings. One essential thing to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business often, the better the opportunity to build a returning client base. A final thought is the general area demographics. Is the business located in a densely populated city, or is it located on the edge of town? Just how might the regional typical house earnings impact future revenue prospects?