CINCINNATI, Ohio
| Asking Price |
$1,340,000 |
Year Established |
1994 |
|
| Annual Revenue |
$1,426,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Dan Long |
|
| Annual Cash Flow |
$408,000 |
Listing Number |
998728 |
|
| # of Employees |
10 |
Business Category |
Services: Printing, Shipping, Signs |
|
Business Overview:
The retirement aged owner has developed his company to become a source of a wide variety of customized printed products and bindery services. With over 90 years of current employee tenure, the company is well – positioned for a smooth transition to a new owner and great untapped potential for sales growth. The company enjoys a diverse and large customer base (over 200 customers), large and small, including Fortune 500 companies and governments. There is much repeat business with no customer accounting for more than 10% of overall sales.
The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:
SBA loan qualified
Huge upside potential
No debt in the company
No accounts receivable issues
Over 200 customers in database
Over 90 years of staff experience
Long term customer relationships
$40,000 of inventory included in the price
$100,000 equipment value included in the price
14,000 square foot building available to purchase
Clean books and records – all numbers are verifiable
Property Features and Assets:
<p>The company operates out of a 14,000 square foot single floor facility. There are 2 docks and a large garage door for deliveries. The building has been well – maintained.</p><p> </p>
Market Competition and Expansion:
<p>There are several ways to grow the business. The website needs to be updated and be google search optimized. They currently do no online advertising and virtually make no sales calls. Another source of sales growth would be adding other types of bindery services.</p><p> </p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity