Total of 18659 firms and businesses for sale today Monday 20th May 2024
Time to Sell or Time to Buy !

Sold. Full-service Commercial Printing Company

LISTING DETAILS
Firms For Sale ID:
28647
Vendor reference:
2546
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
$4,400,000
Net profit / cashflow:
$440,203
Years established:
35
Number of employees:
45

OTHER DETAILS
Reason for selling:
While the business is well positioned for continued growth, new ownership with greater capital and human resources may be better suited to take advantage of exciting expansion opportunities.
Support and training:
The principal will be available to remain in a consulting capacity in order to facilitate the ownership and management transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This business for sale is a well established and rapidly growing full-service commercial printing company serving diverse industries throughout the Midwest. The Company’s turnkey capabilities include sheet-fed printing (75 percent of sales), digital printing (10 percent), design (5 percent), and mailing (5 percent) services, as well as promotional products (5 percent). The Company provides its services to diverse commercial clientele throughout central Michigan. A core customer base in excess of 500 accounts comprise multiple industries, including printing brokers, hospitals, insurance companies, other corporate and business accounts, trade associations, schools, and government agencies.

For over 35 years, the Company has established a successful track record and superior reputation in the marketplace characterized by comprehensive service offerings and a long list of satisfied clientele. These are among the factors that position the Company to realize continued growth and success for years to come. Moreover, the Company’s strong customer relationships and well established reputation present exciting opportunities to increase market share through the injection of capital and human resources. More aggressive marketing efforts and leveraging excess capacity present likely avenues for immediate growth. Fiscal 2011 sales approximated $4.39 million with corresponding EBITDA of $440,203 (10 percent margin) while fiscal 2012 sales are estimated to approximate $5.0 million with corresponding EBITDA of $675,000.

Market / Competition / Non-Competition Agreements
The Company’s excellent reputation and loyal customer relationships are key competitive advantages and provide outstanding platforms to increase market share. The addition of capital and human resources, increased business development efforts, and leveraging excess capacity clearly present likely areas for immediate growth.