Business Overview:
TYPE OF BUSINESS: Very desirable Branding & Marketing business located a little over an hour southeast of St. Paul. They specialize in branded/promotional merchandise for tradeshows, wearables, custom packaging, snack/food gifts, award & recognition, sports & fitness, tech essentials, corporate gifts, etc.
They have invested in state-of-the-art software that gives them access to a database totaling more than 650,000 products and a company store platform for breaking into this market. The business has an impressive customer list, including numerous stable fortune 500 companies with a perfect combination of industries. Their customers include corporate accounts, school organizations, and medical professionals, to name a few.
Hours are Monday – Friday, 8:00 a.m. to 5:00 p.m.
FACILITY: This business operates out of a 1,600 square feet space. Rent to a new owner is $1,800 ++ a month.
EMPLOYEES: The owner works the business full-time with two other full-time and one part-time bookkeeper.
GROSS SALES: 2022 sales are approximant $2,373,766; 2021 sales were $1,564,766; 2020 sales were $$1,537,493, and the weighted cash flow for the past three years was $358,400.
SALES PRICE: The seller is asking $984,500 for the business, which includes furniture, fixtures, equipment, and inventory used for displays valued at approximately $10,000.
REASON FOR SALE: Other interest.
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Property Features and Assets:
This business operates out of a 1,600 square feet space. Rent to a new owner is $1,800 ++ a month.
Reason for Selling:
Retirement
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.
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