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Scrapbook - Manufacture Of Print Items

Location  Iowa,United States
Asking Price Range  < $250K
Gross Revenues  $196860
Net Profit / Cash Flow  $20642
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Description  This business was founded in 2006, when the owner, after working in the scrapbooking field, discovered a deep passion for creating and saving family memories. She is a graphic designer and manages this manufacturing and wholesale operation that boasts a retail outlet base of 800 with 250 extremely active stores. Her husband, an IT expert, has also been important to the success of the business. They have taken some consistent sales and profits from the business now housed in a beautiful 5,000 square foot office warehouse complex they built and have owned since 2008. The value of all the digital files is excellent, existing inventory gives the new buyer the opportunity to take the inventory of $170,000 and return 500% on investment if sold as wholesale and 800% if sold retail. They have chosen not to take the business retail due to their shared values of spending time with their children. Assets include $19,600 and $250,000 of real estate located in Southeast Iowa, Asking price is $99,999 + Inventory, Ask for portfolio #189.
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