Successful Print, Copy, And Marketing Business
Not Disclosed, UT Salt Lake County
Seller's Contact Information
- RE: Successful Print, Copy, And Marketing Business
- Contact: Ephraim Olson
Quick Facts
| Asking Price: | $365,000 | |
| Annual Revenue: | $500,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $30,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1988 | |
| Employees: | 3 | |
| BBN Listing #: | 225449963 | |
| Broker Reference #: | 1401-361405 |
Business Overview:
This sale is an opportunity to buy an exceptionally well-run copy and print company in an excellent location of Salt Lake City, situated at the intersection of two high-traffic roads. The majority of revenues stem from long-time, loyal, as well as a diverse customer base. The company services both individuals and businesses. The current owner started the business over 30 years ago, and it has been profitable ever since. Most of the employees have been with the company for more than five years, demonstrating a healthy work environment. The owner helps in the shop, mainly overseeing general and fiscal responsibilities. The business has a stellar reputation, including some of the best online reviews and accolades in Utah. Printing is considered an essential industry for COVID that is open and operating through the pandemic. Although most printing businesses’ revenues were down in 2020, this business thrived due to its diverse customer base.
Highlights:
•Successfully in business for more than 30 years
•Exceptional online reviews and a client list of several thousand
•Normal operating hours
•Multiple Revenue Streams
•Highly desirable 2,100 sq ft building with a good, long term lease
•High-growth area of the city with lots of business growth and affluent residents
•Perfect for a first-time buyer or multiple site owner wishing to expand
•A clean and organized business that is well-reviewed by its customers
•Long-term manager and employees in place
•Increased revenue during the COVID pandemic because of the depth and diversity of customers
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Property Features and Assets:
The business operates with modern equipment capable of producing more output for the new owner. All of the equipment is well maintained, in excellent condition, and included in the purchase price.
Market Competition and Expansion:
Despite the copy and print industry’s decline in 2020, this shop’s revenue grew in 2020 and is on track to grow again in 2021 due to its diversified customer base and continued referrals. The current customer base and growth are attributable to repeat business, word-of-mouth referrals, walk-ins, and its highly visible location. A new owner can grow the business further by hiring additional staff and through traditional advertising. In addition, the company currently operates on a limited schedule. An aggressive owner could extend the hours to capture weekend traffic, potentially increasing revenue up to another 20%. Given the excellent location, the deep pool of customers, the business’s stellar reputation (both online and from its current customers), the limited operating hours, and recent growth trajectory, a new owner has multiple opportuniues to grow revenue.
Reason for Selling:
Health Issues.
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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