Business For Sale

Family Owned Printing Business West Michigan

Not Disclosed, MI
Kent County

SW MI


Asking Price: Annual Revenue:
$490,000 $1,013,000

Manufacturing: Publishing


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RE: Family Owned Printing Business West Michigan Broker: Glen Toadvine
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $490,000
Annual Revenue: $1,013,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1940
Employees: 12
BBN Listing #: 835431216
Broker Reference #: GT100118

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Business Overview:


The business has a very loyal customer base consisting of a broad array of large and small companies, nonprofit organizations and government entities. There is no customer concentration.

Operating out of a purpose-built 18,000 square foot building, the business has average annual revenues of approximately $1,000,000. A growth minded buyer will be pleased to learn that currently the company has enough equipment in place to handle more than $2,000,000 million in sales. In addition, the real estate (which is owned by the seller and can be leased or purchased under favorable terms), can be expanded on the current lot.

The business, with annual SDE (seller’s discretionary earnings – the cash flow available for a buyer to pay himself and service debt) of nearly $250,000, is value priced at $490,000 (reflecting a highly favorable 2.0x SDE multiple). The seller envisions an asset sale in which he keeps cash and A/R while retiring all liabilities. The buyer receives the above-mentioned $400,000 of equipment (80% of the purchase price) and of course the goodwill of the business. In addition, a meaningful seller note will be available for qualified buyers.

Ideally the buyer would have industry experience, however, there is a strong 12 person workforce in place and the owners are willing, as part of the purchase price, to train the buyer(s) for a reasonable period of time. To learn more about this outstanding business opportunity, please contact Glen Toadvine (glen@praxisbusinessbrokers.com).

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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