Owner Financing is Available!
Business Overview:
This downtown printing business does digital & offset printing, all kinds of signs, Tee shirt screen printing (4 colors), heat press, passport photos, fax & e-Mail service, copying, scanning & design services. Caters to Danbury’s downtown residents & businesses as well as the Spanish & Portuguese speaking communities. Business established in the downtown area in 2003. Moved to its present location in 2007. Personal service, quick turnaround time, and helping customers with design keep customers coming back.
If qualified & depending on Offer, Owner would consider some financing. Hours of operation are: Monday through Friday 9:30 to 6:00, Saturday 10:00 to 1:00 and closed on Sunday. Owner works the business with his wife and part time labor as required. The attached Proforma shows Cash Flow without Owner’s & Wife’s Labor and with a new owner hiring someone to work the front counter (e.g. replacing the wife’s duties). Estimated revenues are +/- $120,000 and estimated Owner’s Cash Flow (“Net”) is +/- $34,000. The economy has affected this business too. Revenues in 2008 were +/- 20% higher. That’s almost $22,000 more Cash Flow (“Net”) this business could have made.
The business is located in a 1,300 s.f. storefront in downtown Danbury, CT (City Center). It has a front counter area, finishing room, darkroom, kitchen area, design printing room, and a bathroom. Silk screen printing is done in the basement – which the landlord allows the business to use (isn’t part of the lease). There is parking in the street and within +/- 100’ is a parking garage that costs $1 to park. Rent is $750 per month. A new lease would need to be negotiated with the landlord for whatever term you would want. Landlord is very tenant friendly. Equipment new is estimated at +/- $35,000 and includes: computers, software, printers, plotter, cutter, 4 color T-shirt table etc. A Konica Minolta copier has 2.5 years remaining on its lease. Cost is $491 per month plus usage costs that average +/- $280 per month. Buyer would assume liability of this lease.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Moving south
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.