Digital Print and Ad Specialties Business For Sale
Merge into Another Printer, Excellent Salesman
Middlesex County, Massachusetts
Asking Price: $227,000
Gross Revenues: $565,000
Cash Flow: $118,000
This is a great opportunity to own a manufacturing business with unlimited growth potential. This business sells digital printing, advertising specialties, web design, commercial photography and related products. Products are manufactured in-house and through sub-contractors. There is an experienced, very-capable staff, that requires minimal supervision. The owner, an effective salesman, is ready to stay on in a reduced capacity. The owner is selling to semi-retire.
This business would be an excellent add-on for an established printing business. By merging this business into an existing business, there would be significant additional savings. It would also add an effective salesman to the acquirer’s staff.
The business has established customers who order on a regular basis. It is not dependent on a few customers. In 2018, there were 876 active customers with accounts. The top 15 customers total about 69% of sales. The business is also diversified in its product sales and not at risk that a product will become obsolete.
The business has excellent equipment for producing the work. Digital printing is done with 2 black and white printers and a color printer. The color printer is 2 years old. It also owns a wide format printer, booklet maker, folder, cutter, scoring machine and shrink wrap machine. There are readily available outside vendors for other work and these account for a significant part of the company sales.
Facilities: This business operates out of a 2500 SF facility located in an industrial park with plenty of parking.
Growth & Expansion: There are opportunities to increase revenues with new services and new customers. A new owner would free up the current owner to spend more time in sales. The company also has capabilities, such as in website design/update, that could be sold to more customers.
Financing: A qualified buyer should be able to obtain SBA financing with 10-20% down.
Support & Training: The owner would like to continue in a sales capacity, for which he is very qualified.
Reason Selling: Semi-Retirement