Custom Recognition & Trophy Shop - Awards Plus
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Awards Plus is an established custom trophy and awards business serving Grand Island, NE since 1987. This 37-year-old enterprise has built a loyal customer base providing personalized trophies, engravings, and custom recognition products that cannot be found at big box retailers.
BUSINESS HIGHLIGHTS:
• Strong cash flow of $155,000 with EBITDA of $105,000
• Niche market position with minimal competition from major retailers
• Serves diverse customer base including schools, industries, clubs, and organizations
• Personalized manufacturing business model with repeat customers
• Established 37-year operating history in central Nebraska
• Prime 3,300 sq ft facility with lease through March 2029
FINANCIAL PERFORMANCE:
The business generates strong returns with seller's discretionary earnings of $155,000 on an asking price of $225,000. Monthly lease obligations are $2,900 for the well-positioned facility that provides excellent visibility for attracting new customers.
MARKET POSITION:
This community staple has developed strong relationships with local school systems, industrial leaders, athletic clubs, and non-profit organizations requiring custom awards and recognition products. The specialized nature of the offerings creates customer loyalty that big box stores cannot replicate with personalized service.
COMPETITIVE ADVANTAGES:
• One of only a couple brick-and-mortar awards stores in the greater tri-city area
• Loyal and diverse customer base across multiple industries
• No current marketing expenses due to strong repeat business
• Specialized niche that large retailers cannot effectively service
GROWTH OPPORTUNITIES:
Significant potential exists for expansion through dedicated sales professionals, social media marketing, and enhanced outreach to industry decision makers. Current owner operates without advertising, indicating substantial untapped market potential.
FINANCING:
Multiple financing options available including SBA loans and seller financing for qualified buyers.
The current owner is selling due to family commitments after successfully operating this profitable business. Substantial training will be provided to ensure smooth transition. This represents an excellent opportunity to acquire an established, profitable business with strong community ties and growth potential.
BUSINESS HIGHLIGHTS:
• Strong cash flow of $155,000 with EBITDA of $105,000
• Niche market position with minimal competition from major retailers
• Serves diverse customer base including schools, industries, clubs, and organizations
• Personalized manufacturing business model with repeat customers
• Established 37-year operating history in central Nebraska
• Prime 3,300 sq ft facility with lease through March 2029
FINANCIAL PERFORMANCE:
The business generates strong returns with seller's discretionary earnings of $155,000 on an asking price of $225,000. Monthly lease obligations are $2,900 for the well-positioned facility that provides excellent visibility for attracting new customers.
MARKET POSITION:
This community staple has developed strong relationships with local school systems, industrial leaders, athletic clubs, and non-profit organizations requiring custom awards and recognition products. The specialized nature of the offerings creates customer loyalty that big box stores cannot replicate with personalized service.
COMPETITIVE ADVANTAGES:
• One of only a couple brick-and-mortar awards stores in the greater tri-city area
• Loyal and diverse customer base across multiple industries
• No current marketing expenses due to strong repeat business
• Specialized niche that large retailers cannot effectively service
GROWTH OPPORTUNITIES:
Significant potential exists for expansion through dedicated sales professionals, social media marketing, and enhanced outreach to industry decision makers. Current owner operates without advertising, indicating substantial untapped market potential.
FINANCING:
Multiple financing options available including SBA loans and seller financing for qualified buyers.
The current owner is selling due to family commitments after successfully operating this profitable business. Substantial training will be provided to ensure smooth transition. This represents an excellent opportunity to acquire an established, profitable business with strong community ties and growth potential.
About the Business
- Years in Operation
- 39
- Employees
- 4 (2 Full-time, 2 Contractors)
Owner operators ran with help on demand as needed. - Facilities & Assets
- Modern Equipment & technology, laser engraving, diamond bit precision, burnishing, and cutting engraving. Modern stocked show floor, client records and job files, too many to count!!
Personalized training available.
Inventory is stocked and in ample quantities for smooth operational transfer to generate revenue immediately. - Website
- https://www.awardsplusgi.com
- Market Outlook / Competition
- The customer base / markets we serve are as loyal and as diverse as possible.
Industries such as, School Systems, Industrial leaders, clubs, organizations big and small, athletic clubs and non-profits all utilize our offerings.
This is a very niche industry that the big box stores simply do not and cannot service.
We can offer that good ole fashioned customer service that keeps them satisfied and coming back for their unique items and projects.
We are only one of a couple brick n mortar frontage-based Awards stores in the greater Tri-Citys. The business is in a prime location for generating new customers as our visibility allows our offerings to reach brand new customers daily. - Opportunities for Growth
- Continue to treat clients well and they have will continue to be fantastic loyal customers to Awards Plus.
Be in the know of new trends/items in the industry by joining our trade groups. Learn new skills, network and have a group of veteran decorators' available for your benefit of a professional sounding board.
We do not spend any money on marketing!! This is huge as that should show you the residual business we have had with our clients. You could advertise; social media would be best place start. Newspaper, billboard if wanted would also be good, but again, it is not needed with this established revenue generating business, which is a staple in the central Nebraska heartland.
Consider adding a dedicated sales professional to call on industry decision makers, the market is there for developing more business and with more dedicated efforts, more sales!
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,300
- Rent
- $2,900.00 per month
- Lease Expiration
- 3/2/2029
About the Sale
- Seller Motivation
- Focusing more on parenting and homemaking efforts with our young children.
- Transition Support
- This is a personalized manufacturing business, meaning you get to not only create repeat custom orders but also come up with and use your own creative ideas to wow your customers.
We offer a specialized service that allows us to keep loyal customers satisfied time and time again.
Substantial training will be provided to ensure you are ready to create! - Financing Options
- Reasonable Offers will be Considered - SBA & Seller carry possible.
Listing Info
- ID
- 2487692
- Listing Views
- 130
Business Location
Listing ID: 2487692 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 of Use. Learn how to avoid scams.
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