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Relocatable Specialty Printer
NCListing DetailsOffice ID: PRINT3
Status: Under Contract
Listing Broker: Charles Milam, M&AMI, CBI
Listing Price: $580,200
Gross Revenue: $528,060
Cash Flow: $193,403
12 Month Forecast: $550,000
Forecasted Cash Flow: $200,000
Inventory: $2,000
Inventory Included: Yes
FF&E: $40,000
FF&E Included: Yes
Real Estate Included: No
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:
Retirement
Training:
Seller will train buyer for four weeks and is willing to provide on-going support as needed on an hourly basis
OperationsYear Established: 2004
Form of Ownership: S Corp
Employees (full-time): 3
Employees (contractors): 3
Managers: 1
Business Hours: Monday - Friday, 8am - 5pm
Summary
Business Description:
A single item tailored for each customer which can be produced anywhere a buyer chooses to relocate this business is the extra appeal of this very profitable specialty printing business. Even nearby customers don't come through the front door as most sales are generated by independent sales reps located in various states.
Historical Summary:
The seller started this S-Corp business over 12 years ago by himself without a facility.
Owner Qualifications:
Some printing industry experience along with general business skills and sufficient liquid capital to qualify for financing
Potential Growth:
The plan for the future if the seller continued to own the business would be to develop more new customers based on the current target profile.
LocationType of Location: Warehouse
Monthly Rent: $2,000
Last Updated: Nov 8, 2017 / 4:28 PM
Financial Information Current as of: Jan 13, 2017 / 10:27 AM
Lender Pre-Approved!
Yadkin Bank