Business Overview:
This Connecticut based company is a niche distributor of graphics supply products that are sold to end-users and re-sellers who either use or re-sell foam board laminated photographs and images. The company supplies products so that clients can laminate the images themselves or the company provides a value added service by fabricating the finished product for re-sale. The company has over 600 clients many of which are long standing sources of recurring revenue. They also have a growing on-line direct sale business to smaller craft type end-users. Future growth includes promoting a line of more eco-friendly products and opening up new distribution channels. Like many companies, the firm experienced a significant decline in revenues due to the pandemic in 2020 and the first half of 2021. They are rebounding well in 2021 and seller believes revenues will be back to 2019 levels on a monthly basis by the middle of 2022. This is a great opportunity for an individual with good business skills to own and operate their own business.
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Property Features and Assets:
Business located in 6,500 square feet of leased office and warehouse space that is in good condition. Landlord pays for outside maintenance and property taxes.
Market Competition and Expansion:
The firm has positioned themselves by offering a select group of services to serve a well defined niche in the industry where they don't have significant competition. Further investment in direct marketing through the internet and in developing a select group of 'Green' products to offer end-users could provide paths for growth.
Reason for Selling:
Owner wishes to retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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