Recognition Products Company
| Asking Price: | $165,000 | Inventory: | $75,000 ** |
| Gross Revenue: | $230,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $62,871 (comments below) | FF&E: | $20,200 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2009 | |||
| Cash Flow Comments: SDCF | |||
The company is a leading designer, manufacturer and supplier of trophy, honoraria and recognition products to Maine’s leading corporations and institutions. Included among its customers are a home-office insurance company, regional banks, professional services firms, health care providers and manufacturing companies. Many of the company’s products are unique to these specific customers and generate repeat orders from them. Strategically located at the heart of one of Portland’s busiest commercial districts, the company has enjoyed stable year-to-year sales and profitability and is poised for dramatic future growth under a successor ownership. The primary competitor of the company has recently closed due to the passing of its owner.
About the Business
Year Established:1980
Employees:2 full time -
Relocatable:Yes
Facilities:Free-standing brick and wood-frame building that is available for lease at a negotiable rate.
Market Outlook and Competition:Favorable.
About the Sale
Management Training and Support:Seller will provide new buyer with all training and support required to operate the business.
Reason For Selling:Retirement.
Seller Financing:Available to qualified buyers.
KEYWORDS: Recognition Products Manufacturing Company
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