Sold
Established, full service Printing and Sign Franchise
Despite negative trends in 2020 due to Covid, 2021 and 2022 are back to above normal sales levels. Beginning in April, 2021, sales were 40% above 2020. The first 4 months of 2022 were 65% above the same period a year earlier. And to make this opportunity even more attractive, we have just reduced the price to more than $200K below it's current valuation as the owner is moving out of state.
This is a fantastic opportunity to purchase an established profitable business, supported by one of the top rated franchisors in the country at a below market price.
Listed By: Steve Barnett
Background information
Reference:
VBB111
Year established:
1989
Reason selling:
The owner is selling to pursue new opportunities and to live closer to family
Finance
Sales:
$1,095,000
Profits:
$283,795
Operations
Employees:
2
Equipment:
Included in asking price $103,000
Inventory:
Included in asking price
Premises
Facility:
Approx. 2,500 sq. ft. commercial/industrial space on main street
Rent and lease terms:
$5,375 per Month
Location:
Santa Monica, CA
Opportunities
Growth:
The business could easily grow through acquisition of other books of business, through expanded opportunity in the signage line and also by hiring a salesperson. Currently all sales are through referrals and minimal online advertising. This is a below market opportunity that won't last, please inquire for more information.
Price and terms
Price:
$445,500
Financing:
Seller will offer up to 10% financing if required to assist with bank financing.
Training:
The owners are committed to ensuring a smooth and successful transition to the new owner. They will introduce the Buyer to all of the key customer and vendor relationships and train the Buyer in the management responsibilities of the business. Understanding the complexities of their operation, the owners are willing to train a new owner for up to 6 weeks at up to 20