Online E-Commerce Specialty Wedding Invitations Graphic Design and Printing
NCListing DetailsOffice ID: PRINT4
Listing Broker: Jeff Snell, M&AMI, LCBI, ABI
Listing Price: $250,000
Gross Revenue: $236,720
Cash Flow: $101,225
Inventory Included: Yes
FF&E Included: Yes
Real Estate: $225,000
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will provide some component of financing if required by SBA.
Minority Owned: Yes
Reason for Sale:Other Business Interests.
Training:Seller will provide up to 80 hours of transition assistance within 90 days of closing at no additional cost.
OperationsYear Established: 2007
Form of Ownership: S Corp
Employees (full-time): 2
Employees (part-time): 1
Business Hours: 8:30-4:30 M-F
Business Description:This North Carolina based graphic design and print firm is focusing on the wedding market, including rehearsal and wedding paper goods such as save the date cards, invitations, programs, menus, place cards, favor tags, reception signage, welcome booklets, weekend itineraries, seating charts, table numbers, note cards, thank you cards, and personalized area information booklets. Typically there are 30-50 open orders at any given time. The owner works 35-40 hours per week and has one full-time employee. The business could be relocated with minor impact on revenue. Custom designed paper goods are sold nationwide online. The business actively markets online and manages a proactive SEO and PPC program. Customers are encourage to first order samples and then personalize their wedding paper order online. The orders are then designed, printed and shipped. Graphic designers are on staff to provide custom design services. 100% of the printing is done in-house. Average order cost ranges in price from $500-$2,000 but often go as high as $4,000 for a complete high-end custom set.
Historical Summary:The company was started in 2007. Initially, the company focused only on local retail. Over the past ~10 years the focus was transitioned to majority of online sales.
Owner Qualifications:Owner will benefit from having graphic design and printing experience, e-commerce experience, and SEO and PPC familiarity.
Competition:There is a wide range of products available on the market. This business differentiates itself by providing more of a boutique experience. The products are high quality at an attractive price point. There are large multi-national companies as well as Etsy part-time players.
Potential Growth:There is the potential to expand into other high end print products such as executive stationery, business cards and corporate invitations. There is also the ability to retail locally. The majority of competition has thinned over the past 5 years making face to face selling a revenue opportunity. There is also the potential to increase wholesale accounts. Opening other markets such as baby, graduation announcements, holiday cards, milestone parties, moving announcements would also boost revenue.
LocationType of Location: Office Condo
Real Estate for Sale: Yes
Real Estate: $225,000
Monthly Rent: $1,600
Monthly Common Area Maintenance: $200
Square Footage: 1100
Facilities:The business is operated from an office condo that is owned by the Seller.
Last Updated: Jul 27, 2018 / 10:38 AM
Financial Information Current As Of: Jun 5, 2017 / 2:30 PM