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- RE: Highly Profitable Promotional Products Company
- Contact: Rick Carlson
- License #: 1820673
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $174,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $63,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 1 | |
BBN Listing #: | 994657 | |
Broker Reference #: | 1418 PROMO |
Business Overview:
Established over 23 years ago, this promotional products business has experienced plenty of success while based in the Raleigh/Durham Metro Area. With a deep-rooted commitment to quality and customer-service, they have been consistently delivering top-notch promotional items that perfectly blend functionality with creativity. The company is driven by a passion for creating tangible marketing solutions that leave a lasting impression. Over the years, they have evolved, embracing new technologies and trends, yet their core philosophy remains unchanged: to provide exceptional service and products that empower brands to connect with their audience in a meaningful way.
The business has dramatically exceeded the industry’s average profitability. The businesses’ extensive experience in the field is matched by their diverse product range. They specialize in everything from custom and brand name apparel, printing, and various hard goods including: drinkware, bags, high tech items and eco-friendly items, ensuring that they cater to all promotional needs and trends. They work closely with each client, understanding their unique brand identity and campaign goals to create personalized products that resonate with their target audience. In addition to the Triangle and Triad areas of North Carolina they work with several out-of-state clients.
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Market Competition and Expansion:
Competition: There are many promotional products companies both locally and across the country servicing a $26+ Billion market.
Growth & Expansion: Seller only works ~20 hours per week, so the new buyer with renewed energy could put in 40+ hours a week to increase sales. Expansion was not a priority for the current owner, and there will be many possibilities for the future buyer to grow both top-line and bottom-line earnings.
Reason for Selling:
Retirement. Kindly ask the seller for more information.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
Documents:
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