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Broker Contact Information |
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Large Format Printing Company | Listing ID: 21112 |
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| Asking Price: |
$68,000 |
Status: |
Active |
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| Business Type: |
Service / Sign Services Manufacturing / Printing, Publishing, And Allied Industries |
Reference #: |
MI062610 |
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| Business Location: |
Michigan |
Broker Coop: |
No |
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Oakland County
View Map
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Annual Income Information |
Labor Information |
| Gross Sales: |
$104,500 |
Full-Time Employee: |
1 |
| Cash Flow: |
$34,000 |
Part-Time Employee: |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
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Leased SqFt: |
1,400 SF |
| Year Established: |
1976 |
Rent /Month (Include NNN): |
$1,000 |
| Accounting Info(years): |
3 |
Lease Exp.Date: |
09/2010 |
| Franchise: |
No |
Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
Yes |
| Hours of Operation: |
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Lease Transferable: |
Yes |
| Reason For Sale: |
Retirement |
Rent Increase: |
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| Seller Training Available: |
Yes (Seller would be willing to stay on for 4-6 weeks to insure smooth transition of the business.) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
No |
| Real Estate Value: |
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Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$34,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$7,500 |
Min. Down Requested: |
$40,000 |
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Business Description |
This 34 year company offers buyers a great opportunity for a fast transition into an established business with an excellent client base, low overhead and immediate income. The business specializes in large format printing catering to commercial clients not walk in trade. They produce tradeshow panels, banners, signage, presentation posters, retail signage and more. Many of their clients are well known advertising agencies, PR firms, trade show manufacturers, etc. This business also has a capability to expand into vehicle wrapping services without major investment. All equipment is 2-4 years old and very well maintained.
The perfect buyer would be someone who is computer/printer savvy. Graphic Design background could open up another world of opportunities for the business development.
Currently business operates out of 1,400 sq ft facility located in very clean light industrial complex. Consists of small office area and large workshop that kept in immaculate condition and well organized. The lease is $1,000 per month and expires in 09/2010.
Opportunities are only limited by how much the buyer wants to handle. The business has capacity to bring at least $300K without any additional expansion. Because the owner has been slowing down preparing for retirement, he does not advertise. Adding a part time employee will enable the new owner take on larger projects and expand business drastically. |
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