Asking Price: $140,000 Gross Revenue: $300,000Cash Flow: $55,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,000 included in asking priceFF&E: $45,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Locally owned Biz Card Printing Franchise for sale.
Busy, well run shop with nice margins and good cash flow (about 20% Net). Business requires a conversion and to be upgraded to an Instant Instant Imprints.
Mature business with a solid customer base.
Current product mix is primarily all digital based paper printing. Business features a high repeat client base, strong margins and good quality equipment.
Conversion to Instant Imprints will bring greatly expanded services to include: Wide Format and Signage, Embroidery, Custom T-shirts and Promotional Products. Conversion will require about $55-60k to upgrade and modernize the center. Much of which can be leased or financed thereby reducing initial cash outlay. An additional benefit of conversion would be reduced royalties for 2 years following conversion. Also most stores experience sales performance gains of 20-45% following conversion.
Today the business generates around $300k in revenues, and $60k in owner benefit and free cash flow after expenses.
The new owner has the option to renew the premises lease mid 2019 or to relocate to a larger premises. Current site is 1100 sq ft. 1400-1600 sq ft is preferred, but 1100 sq ft is very workable.
About the Business
Number of Employees:
Building Sq. Ft.:
major assets include: Dodge Van Konica Bizhub C224e Business Card Cutter/slitter ROHS vinyl plotter corner rounders, grommet machine laminator Paper Jogger Electric Binding and coiling machine and inventory Electric Guillotine Paper cutter Ideal 4850 Paper and vinyl inventory
Upgrades to include: Brother Garment T-shirt printer Roland Wide format printer/cutter Happy Embroidery machine New showroom furniture Fresh carpet, paint and tiles New fascia signage for the business
There is a large and competitive industry, but margins are very strong, and our customers repeat like crazy. Competition in the market includes: Big Frog Custom T's, 3-4 independent embroidery shops in Palm Coast/St. Augustine, 4 screen printers in Palm Coast, 3-5 sign shops in palm coast, PIP and 3 independent digital printers. However none offer the production capacity in house that Instant Imprints does. The in house production allows for higher margin capture, better quality and improved timeline delivery.
Growth & Expansion:
This is a healthy business, it needs and owner that wants to grow and is willing to market and promote. Current owners, do not market, and rely on word of mouth, they don't network and are referral based. There is lots of opportunity for someone that will get out of the shop and be a rainmaker for the brand. Other Biz Cards that have converted have seen results improve from 20-40%. This center performs better than any of the other centers that did convert at that time. It's a really terrific value and the owners are motivated to sell
5 weeks of initial training, including business development, management, marketing and operations. +10 days of classroom training +15 weeks of FAST START mentoring and coaching Quarterly financial reviews with AREA franchisee/Regional Director. Current owners are flexible to help with transistion for 30 days post closing
Owners are not the most efficient with time and use of $$.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.