Sold
Commercial Printing and Direct Mail Processing Business For Sale
The Company is one of the largest small format (defined as 14” x 20” press size and under) commercial printing and direct mail processing companies in the San Fernando Valley. Established in 1990, this is one of the top producing units of this well known franchise in the country, and rated in the top 100 of small commercial printers nationally. Stable and loyal customers, no customer concentrations over 6%, extremely profitable.
Listed By: Steve Barnett
Background information
Reference:
VBB114
Year established:
1990
Reason selling:
The owners would like to retire after enjoying 31 years of successful operations
Finance
Sales:
$1,504,262
Profits:
$346,250
Operations
Employees:
8
Equipment:
Included in asking price $250,000
Inventory:
Included in asking price
Premises
Facility:
The business operates out of a 7,360 sq. ft. industrial space with monthly payments of $7,267 per month. The landlord has indicated a willingness to extend the lease for a new tenant up to 10 years. Included in the sale is well maintained machinery and equipment with an estimated fmv of between $225,000 and $300,000.
Rent and lease terms:
$7,267 per Month
Location:
Panorama City, CA
Opportunities
Growth:
* The Company has very recently added Promotional Products as a potentially attractive revenue source. With a current active base of app. 200 business customers and a database of 500+ past and present business customers, Ownership has found a very receptive audience to Promotional Products because of the Company’s exceptional record of customer service. * The Company would benefit from an aggressive push into social media and web-based sales and marketing.
Price and terms
Price:
$980,000
Financing:
In addition to traditional bank and SBA financing, some Owner financing may be availa
Training:
The owners are committed to ensuring a smooth and successful transition to the new owner. The owners are willing to train a new owner for up to 6 weeks at up to 20 hours per week included with the sale. The owner may be interested in staying on in a PT or consulting position. The Franchisor also is heavily involved in succession transition to ensure success.