Business Forms and Promotional Products
| Asking Price: | Not Disclosed | Inventory: | $20,007 ++ |
| Gross Revenue: | $2,499,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $265,000 (comments below) | FF&E: | $7,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 FYE | |||
| Cash Flow Comments: 2008 FYE | |||
This Company serves a wide range of customers including financial institutions, the healthcare industry, schools, and numerous other entities in the private and public sectors. The product mix is composed of promotional products/advertising specialty items, custom business forms and stock business forms. Advertising specialties products include a broad range of decorated items (screen printed, engraved, or embroidered) with client-specific logos, names and other information. The current owners believe a transaction between an outside entity and the company to be the most effective way to accelerate expansion of the business. Demand for their products is strong and there are significant growth opportunities. The company has no formal marketing department, therefore an aggressive marketing plan could add significantly to revenue and earnings growth.
About the Business
Year Established:1968
Employees:12 full time - 3 part time
Facilities:The Company operates from its headquarters, which totals 7,270 square feet of office, work, and storage space. The facility is leased from the shareholders at the fair market annual rate of $42,000. In addition, the Company leases a 261 square-foot office space from an unrelated third party , which serves as a branch office.
Market Outlook and Competition:There is competition but this company is the market leader in their state and has a regional presence as well. There are numerous avenues for growth and expansion but they are a leading company in their industry in their market
About the Sale
Management Training and Support:Owner would like to remain with the company for an extended transition period which would provide ample time for training and a smooth transition.
Reason For Selling:Retirement
Seller Financing:Terms and amount of seller financing is negotiable and dependent on the buyer's needs and abilities.
KEYWORDS: business forms, promotional products, printing, graphics, custom, business services
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